Economic incentives Market-based policies

While these different policies vary broadly in form, their objective is essentially the same to substitute flexible economic-incentive systems for the current rigid, technology-based regulations that specify exactly how companies must comply. These market mechanisms have made regulating easier for EPA and less burdensome and costly for industry. 

Broadly conceived, this book is intended as an extended critique of economic rationalist thought as it applies in the area of OHS. We have seen that the assumptions of the neo-classical paradigm discussed in Chapter 2 do not apply with any consistency and that the paradigm fails to provide an adequate model on which to base OHS policy. Health and safety cannot be left to the market because so often safety does not pay. Nor is it enough for governments to construct economic incentives to encourage managements to attend... 

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