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Health-Health Tradeoffs
Cass R. Sunstein Harvard University - Harvard Law School 1996 University of Chicago Law and Economics Working Paper No. 42 Abstract: A distinctive and pervasive problem arises when government regulation designed to diminish one health risk actually increases other health risks. For example, bans on the use of asbestos may lead companies to use other, more dangerous substitutes. This essay explores health-health tradeoffs, including those that arise because regulatory expenditures increase poverty and unemployment and in that way increase poor health. The essay proposes institutional changes designed to ensure aggregate risk reduction rather than mere risk redistribution. It includes some general remarks about individual and collective rationality in the context of health risks.
JEL Classifications: D61, H51, I18, K23 Working Paper SeriesDate posted: November 30, 1996 ; Last revised: February 06, 1998Suggested CitationContact Information
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