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Measuring Risks And Benefits Of Food Safety Decisions, Richard Zeckhauser

Vanderbilt Law Review

This Article discusses the assessment of risks and benefits as one approach to organizing information.The way information is organized should depend on the way it will be valued and used. For example, the decision making authorities within the regulatory process may choose to take different approaches to food substances consumed by young and old, or rich and poor. In that case, information should be organized into those categories. An exquisite breakdown of consumption patterns by counties would do little for an age-regarding regulatory process.The remainder of this Article is divided into four parts. Part II reviews the general nature of …