Some short readings on Cost Benefit Analysis
This is probably the most controversial document in the regulatory world. Just look at the tables in chapter 1.
This is a great article on problems with CBA. Read 13-18 and look hard at tables 1-3 at the end. (AED – automatic external defibrillator)
Example of a proposed high cost response to an emotional risk.
For comparison, at least 3 times as many children are killed on average each by dog bites, yet it is nearly impossible to get many communities to pass regulations to address the risk.
Chapter 4 – Due Process
Chapter 4 to to: 1. Modern Concept of ‘‘Property’’
Read paragraphs 11-30 in Goldberg v. Kelly