In this paper, we want to shed light on the tradeoffs of chemicals regulation. We will discuss two types of tradeoffs: the social-economic impacts of regulation such as cost-induced fatalities and the tradeoffs between 'old' and 'new' chemicals, that is the established chemicals in industry and society deemed in need of replacement with 'new' chemicals. We will show that the progression from the science of chemicals risk assessment to regulation requires the science of regulatory (economic) analyses, with added insight from the philosophy of science. Indeed, risk assessment as such, which is significantly driven but is not limited to the broad toxicological context, does not unescapably dictate regulatory choices. The science of regulatory and economic analyses, we believe, could add considerably to the science of toxicology in a combined effort to improve upon the protection of public health and the environment.
Keywords: Glyphosate; Philosophy of science; Precaution; REACH; Regulatory trade-offs; Value of statistical life (VSL).
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