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Revealed Bureaucratic Preference: Priorities of the Consumer Product Safety Commission

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  • Lacy Glenn Thomas

Abstract

In June 1977, the U.S. Consumer Product Safety Commission announced priorities for those projects to be executed during subsequent fiscal years. I use conditional logit techniques to analyze random orderings to estimate the Commission's preference functions among projects. I show that the Commission overselects both projects with large safety benefits but even larger consumer costs and projects that require mandatory standards.

Suggested Citation

  • Lacy Glenn Thomas, 1988. "Revealed Bureaucratic Preference: Priorities of the Consumer Product Safety Commission," RAND Journal of Economics, The RAND Corporation, vol. 19(1), pages 102-113, Spring.
  • Handle: RePEc:rje:randje:v:19:y:1988:i:spring:p:102-113
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    Cited by:

    1. John C. Moorehouse, 2001. "Does Information on the Internet Weaken the Case for Consumer Protection Regulation?," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 16(Spring 20), pages 138-160.
    2. Stavins, Robert, 2004. "Introduction to the Political Economy of Environmental Regulation," Working Paper Series rwp04-004, Harvard University, John F. Kennedy School of Government.
    3. Ando, Amy, 1998. "Delay on the Path to the Endangered Species List: Do Costs and Benefits Matter," RFF Working Paper Series dp-97-43-rev, Resources for the Future.
    4. Metrick, Andrew & Weitzman, Martin L., 1994. "Patterns of behavior in biodiversity preservation," Policy Research Working Paper Series 1358, The World Bank.
    5. Layton, David F., 2000. "Random Coefficient Models for Stated Preference Surveys," Journal of Environmental Economics and Management, Elsevier, vol. 40(1), pages 21-36, July.
    6. Ando, Amy Whritenour, 1999. "Waiting to Be Protected under the Endangered Species Act: The Political Economy of Regulatory Delay," Journal of Law and Economics, University of Chicago Press, vol. 42(1), pages 29-60, April.
    7. Andrew B. Whitford, 2007. "Competing Explanations for Bureaucratic Preferences," Journal of Theoretical Politics, , vol. 19(3), pages 219-247, July.
    8. Guilherme S. Bastos & Erik Lichtenberg, 2001. "Priorities in Cost Sharing for Soil and Water Conservation: A Revealed Preference Study," Land Economics, University of Wisconsin Press, vol. 77(4), pages 533-547.

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