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

Raymond Kopp, Alan J. Krupnick and Michael Toman ()

No 10851, Discussion Papers from Resources for the Future

Abstract: 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.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Pages: 67
Date: 1997
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Citations: View citations in EconPapers (17)

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Working Paper: Cost-Benefit Analysis and Regulatory Reform: An Assessment of the Science and Art (1997)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:rffdps:10851

DOI: 10.22004/ag.econ.10851

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