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Protecting The Innocent With A Premium For Child Safety Regulations, Jacob P. Byl Mar 2014

Protecting The Innocent With A Premium For Child Safety Regulations, Jacob P. Byl

University of Massachusetts Law Review

Federal agencies regulate many products and activities that impact the safety of children. Agencies should put a premium on saving the lives of children when analyzing the costs and benefits of proposed regulations. This note uses original evidence from the infant car seat market to determine that a child-specific benefit measure should be one and a half to two times that of an adult. A child premium will encourage more regulations that protect the safety of our society's most precious and innocent members.