Showing posts with label merits of information disclosure. Show all posts
Showing posts with label merits of information disclosure. Show all posts

Sunday, January 22, 2012

I Disclose ... Nothing; New York Times, 1/21/12

Elisabeth Rosenthal, New York Times; I Disclose ... Nothing:

"IN New York and a growing number of American cities, diners are encountering sanitary grades in restaurants’ windows — A, B or C. That system is an example of helpful disclosure, researchers say: information that is simple and comprehensible, important to recipients and easily acted upon. I recently chose between outwardly identical Japanese noodle shops on East Ninth Street in Manhattan based on the system, walking into the A rather than the B.

But as greater disclosure has become the go-to solution for a wide range of problems — from unethical campaign financing to rising corporate carbon emissions — it has often delivered lackluster results, researchers say.

Just last week, the Obama administration announced plans to require drug companies to disclose a wide variety of payments and gifts to doctors, from speaking fees to the purchase of breakfasts for office staffs, in the hope of reducing commercial influence on prescribing practices. President Obama has promised to run the most open, transparent administration in history. But is more disclosure the solution?"