Tailoring Regulation to the Regulated: The U.S. Regulatory Flexibility Act

William J. Dennis ()
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William J. Dennis: NFIB Research Foundation

Chapter Chapter 6 in Business Regulation and Public Policy, 2009, pp 1-13 from Springer

Abstract: Abstract Many consider regulatory relief for small business and implementing regulatory objectives a zero-sum game. The U.S. Regulatory Flexibility Act (RFA) of 1980 directly challenges the zero-sum game proposition by requiring regulatory agencies to search for non-zero-sum solutions for regulations having a significant impact on a substantial number of small businesses. This presentation evaluates the Regulatory Flexibility Act, concluding that results have been increasingly positive over time. Yet, the lack of formal measurement, reduced through continuing bureaucratic resistance, and a perceived need for additional legislative modification cloud the generally favorable assessment.

Keywords: Small Business; Small Firm; Executive Order; Regulatory Reform; Regulatory Flexibility (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:spr:inschp:978-0-387-77678-1_6

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DOI: 10.1007/978-0-387-77678-1_6

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