Revealed Bureaucratic Preference: Priorities of the Consumer Product Safety Commission

Lacy Glenn Thomas

RAND Journal of Economics, 1988, vol. 19, issue 1, 102-113

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.

Date: 1988
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