Cost-Benefit Analysis and Regulatory Reform: An Assessment of the Science and the Art

The continuing efforts in the 104th Congress to legislate requirements for cost-benefit analysis (CBA) and the revised Office of Management and Budget guidelines for the conduct of such assessments during a regulatory rulemaking process highlight the need for a comprehensive examination of the role that CBA can play in agency decision-making. This paper summarizes the state of knowledge regarding CBA and offers suggestions for improvement in its use, especially in the context of environmental regulations.


Issue Date:
1997
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/10851
Total Pages:
67
JEL Codes:
D6; L5
Series Statement:
Discussion Paper 97-19




 Record created 2017-04-01, last modified 2017-08-23

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