Putting Cost-Benefit Analysis in its Place: Rethinking Regulatory Review
Putting Cost-Benefit Analysis in its Place: Rethinking Regulatory Review
复制标题
将成本效益分析放在适当的位置:重新思考监管审查
DOI:
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发表时间:
2010
期刊:
影响因子:
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通讯作者:
S. Rose
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文献类型:
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作者:
S. Rose
Policymakers need to reassess the role of cost-benefit analysis (CBA) in regulatory review. Although it remains a valuable tool, a number of pressing current problems do not fit well into the CBA paradigm. In particular, climate change, nuclear accident risks, and the preservation of biodiversity can have very long-run impacts that may produce catastrophic and irreversible effects. This article seeks to put cost-benefit analysis in its place by demonstrating both its strengths and its limitations. The Obama Administration should rethink the use of CBA as a way to evaluate regulatory policies and develop procedures to restrict its use to policy areas where its underlying assumptions fit the nature of the problem.