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Balanced Justice
Cost-Benefit Analysis and Criminal Justice Policy
Crime and justice are not usually associated with cost-benefit analysis. But they should be, according to new research. This is especially true in an economic downturn, when government funding is scarce. In “Balanced Justice,” released jointly with the Center for the Administration of Criminal Law, author Jennifer Rosenberg reviews a growing body of research showing that counting the costs and benefits of our nation’s justice system can highlight areas of improvement that can save billions of taxpayer dollars without compromising public safety.
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Internet Benefits
Consumer Surplus and Net Neutrality
This policy brief describes how a weakening of the principle of network neutrality might impact the Web. Based on an analysis of Internet usage, it finds that Internet infrastructure and content work together to generate huge economic benefits for consumers—possibly as much as $5,686 per user, per year.
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Long Overdue: EPA and Nitric Acid Plant Regulation
Nitric acid plants emit dangerous air pollutants that cause illness and alter the climate. This report finds EPA long overdue on a regulatory revision and at risk of allowing major costs to be imposed on the American public.
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The BP Gulf Coast Oil Spill, Option Value and the Offshore Drilling Debate
One year after crude oil began gushing into the Gulf of Mexico, little action has been taken to prevent a similar disaster. A report authored by Gaia Larsen and Michael A. Livermore finds that overly simplistic economic analysis by the government may have helped lead to the accident.
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2011 Heavy-Duty Trucks Rule
EPA and NHTSA have taken a crucial step in addressing our greenhouse gas emissions and oil dependency by regulating the fuel efficiency of heavy-duty trucks for the first time. But, there is room for improvement.
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