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REVEALED PREFERENCE METHODS MARKET ANALOGY METHOD TRAVEL COST METHODS DEFENSIVE EXPENDITURES METHOD INTERMEDIATE GOOD METHOD ASSET VALUATION METHOD THE HEDONIC PRICE METHOD Table Table 1 1 QUALY QUALY Costs Costs Program Program Childhood Childhood immunizations immunizations Prenatal Prenatal care care Flu Flu shots shots Water Water chlorination chlorination Pneumonia Pneumonia vaccination vaccination Breast Breast cancer cancer screening screening 0 0 0 0 1200 1200 8K 8K 24K 24K 34K 34K Table Table 1 1 QUALY QUALY Costs Costs Program Program OSHA OSHAConstruction Construction safety safety rules rules 76K 76K EPA 280K EPAhome home radon radon standards standards 280K EPA 3 8M EPAasbestos asbestos standards standards 3 8M EPA 54M EPAradiation radiation standards standards 54M Source John D Graham et al 1994 Source John D Graham et al 1994 Regulatory Policies and Practices Health and Safety Environmental Figure Figure 1 1 TYPES TYPES OF OF REGULATION REGULATION Source Thomas D Hopkins 2006 AN ASSESSMENT OF CROSS NATIONAL REGULATORY BURDEN COMPARISONS Fordham Urban Law Journal July 9 48 Figure Figure 2 2 FEDERAL FEDERAL REGULATORY REGULATORY OUTLAYS OUTLAYS Source file Work Courses ABC 04 pubfin REGBUD 1 HTM Figure Figure 3 3 Costs Costs of of Major Major Rules Rules 1981 2007 1981 2007 Source http www whitehouse gov omb inforeg costs benefits 2008 draft cb report pdf Figure Figure 4 4 Benefits Benefits and and Costs Costs of of Major Major Rules Rules 1992 2007 1992 2007 Source http www whitehouse gov omb inforeg costs benefits 2008 draft cb report pdf Costs Costs and and Benefits Benefits Requiring Requiring Valuation Valuation Costs Costs and and Benefits Benefits Requiring Requiring Valuation Valuation MARKET ANALOGY METHOD MARKET MARKET ANALOGY ANALOGY METHOD METHOD Using UsingPrice Priceof ofAnalogous AnalogousGood Good The Themarket marketprice priceof ofaacomparable comparablegood goodin inthe theprivate private sector sector Problematic Problematicwhen






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