University of New Hampshire
CONSIDERABLE dissatisfaction has been expressed with the process and results of regulatory agency decision making. Recommendations have been made that the Federal agencies employ rational, "balancing" approaches such as cost-benefit analysis in conducting their standard setting and adjudicatory functions.
This paper examines some current uses of cost-benefit analysis by several agencies in their decision-making processes, and identifies and discusses apparent limitations.
Michael S. Baram,
An Assessment of the Use of Cost-Benefit Analysis in Regulatory Agency Decision Making
IDEA: The Journal of Law and Technology
Available at: https://scholarship.law.bu.edu/faculty_scholarship/1658