Revealed Bureaucratic Preference: Priorities of the Consumer Product Safety Commission
Volume: Volume 19, No. 1
Issue: Spring 1988
Pages: pp. 102-113
Authors: Lacy Glenn Thomas
Title: Revealed Bureaucratic Preference: Priorities of the Consumer Product Safety Commission
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.
JEL Classification
Consumer Protection (9213)
Social Choice Studies: Voting, Committees, etc. (0252)