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Searching for Substantial Conditions in Applying CBA of Risk Regulatory

  • Journal of Regulation Studies
  • 2009, 18(1), pp.207-243
  • Publisher : 한국규제학회
  • Research Area : Social Science > Public Administration

Cha Min Yuh 1 Tae-Yun Kim 2

1국회예산정책처
2한양대학교

Accredited

ABSTRACT

Decision making on risk regulation should be based on cost-benefit analysis rather than no-risk criterion. However actually we encounter some problems such as methodology and data problems when applying the CBA. Therefore we need some substantial conditions in order to solve these problems. So far most studies are focused on the monetization and quantification of related cost and benefit and relevant methodological debate. This study focuses on finding substantial conditions which will motivate CBA of risk regulatory to revitalize and proliferate in the practical analysis process. For this purpose, this study reviews the relevant theories in respects of rationale of risk regulatory and CBA and elicits the implications through which substantial conditions are constructed. Finally, we reconcetualize this substantial conditions into practical guidelines, apply them to the consumer product safety case and identify its usefulness.

Citation status

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