Deregulation and product safety.

Meat & Animal Product Safety

In the last 40 years a number of modern techniques for improving animal lines have been developed. Artificial insemination has already had an enormous impact on the dairy industry. Techniques such as in vitro fertilization, embryo cloning, nuclear transplantation and transgenesis are reaching maturity. These techniques and their potential effects on the environment, genetic diversity, animal pr...

Voluntary Product Safety Certification

This paper describes the incentives for firms to seek voluntary product safety certifications. We consider a firm which makes the decision of whether or not to seek certification prior to selling the product. We show that, even when the firm and the consumers have same beliefs about the product safety there are incentives for the firm to seek safety certification. The main analysis investigates...

Epidemiology and product safety--opportunities and limitations.

A retrospective clinical study of the safety and efficacy of AFA mixture, an herbal antihypertensive product

Background & Aim: Hypertension is an incurable disease which has become a common major risk factor for many cardiovascular diseases worldwide. Besides increasing the risk of heart diseases and stroke, hypertension can also lead to other health conditions such as renal disease and diabetes. The prolong use of orthodox antihypertensive are usually associated with many side effect...

Product Safety : Liability , R & D and Signaling

* The financial support of NSF grants SES91-12914 and SES92-23087 is gratefully acknowledged. ABSTRACT This paper develops a two-stage model of product design and safety signaling incorporating a parametric liability specification in a monopoly context. In the first stage, the firm engages in research and development in order to determine the safety of its product. We model the research and dev...