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Publications

The Institute for Policy Integrity produces three types of publications: policy briefs, reports, and academic articles/working papers. Our policy briefs provide incisive and focused analysis on timely policy topics. Our reports develop deeper research on our core issues. Our academic articles and working papers offer original scholarly research and analysis from established experts as well as fresh new voices.

Latest Publications

  • Regulatory Change and Optimal Transition Relief
    Academic Article/Working Paper

    Regulatory Change and Optimal Transition Relief

    By Richard L. Revesz & Allison L. Westfahl Kong
    October 30, 2010

    Grandfathering has become a common practice in regulating industries like coal power generation. But it is not clear that phasing out polluting plants is beneficial. The costs of retrofitting existing plants to comply with new standard can be higher than the compliance costs for a new plant. Since the costs of shifting to new technology must be borne at some point, (since granfathering can’t be indefinite) it might be best not to grandfather at all so that society can benefit from lower pollution levels earlier. That’s just one of the arguments examined in this working paper.

  • Climate Change and Future Generations
    Academic Article/Working Paper

    Climate Change and Future Generations

    By Richard L. Revesz and Matthew R. Shahabian
    September 22, 2010

    Efforts to reduce greenhouse gases and control climate change implicate a wide range of social, moral, economic, and political issues, none of them simple or clear. But when regulators evaluate the desirability of climate change mitigation through cost-benefit analysis, one factor typically determines whether mitigation is justified: the discount rate or the rate at which future benefits are converted to their present value.

    This working paper evaluates the four principal justifications for intergenerational discounting, which often are conflated in the literature. It shows that none of these justifications supports the prevalent approach of discounting benefits to future generations at the rate of return in financial markets and, more generally, that discounting cannot substitute for a moral theory setting forth our obligations to future generations.

  • The Value of Open
    Policy Brief

    The Value of Open

    An Update on Net Neutrality

    By Inimai M. Chettiar, J. Scott Holladay, and Jennifer Rosenberg
    September 22, 2010

    An open Internet allows anyone with an idea and a domain name to add content to the web for all to use. It’s a system that most believe works very well, generating billions in economic benefits for the American public every year. This policy brief analyzes the economic uncertainties of weakening our current, open Internet and sees potential trouble ahead if it is not preserved.

  • More Residual Risks
    Policy Brief

    More Residual Risks

    An Update on New York City Boilers

    By Kevin R. Cromar, Jason A Schwartz
    May 27, 2010

    Up to 259 lives could be saved every year if certain large buildings in New York City stopped burning dirty heating oil. Using newly available data, a reworked analysis finds that residual oil has even greater consequences than estimated in an earlier report.

  • Flooding the Market
    Policy Brief

    Flooding the Market

    The Distributional Consequences of the NFIP

    By J. Scott Holladay and Jason A Schwartz
    April 21, 2010

    The government’s flood insurance program gives discounts to homeowners who build in flood-prone areas, often causing significant environmental damage. In this analysis, the Institute for Policy Integrity finds that this practice can benefit wealthy owners of expensive homes at a cost to the average taxpayer.