Two researchers propose a simpler way to perform cost-benefit analysis.
New model aims to predict how long it takes rules to be published after they clear OIRA review.
Scholars present a defense of and propose a framework for financial cost-benefit analysis.
Scholars say state and local regulators should embrace the federal model of cost-benefit analysis.
Working paper says agencies have broad, but cabined, discretion to delay and defer.
At PPR seminar, OIRA Administrator Howard Shelanski discusses his office’s role.
Agencies can improve both regulatory analysis and decision-making by establishing internal review capacity.
Data from recent rulemakings do not show that OIRA review systematically lowers estimated benefits and increases estimated costs.
By taking three feasible steps, the administration could help build a regulatory culture more supportive of ex post evaluation.
Better understanding of OIRA’s role – and its rationale – provides a new agenda for reform.