Publications

In Regulatory Cost-Benefit Analysis and Collective Action, Daniel H. Cole describes the influence of cost-benefit analysis and explains how and why it is a politically useful tools for agencies, even when those agencies are not required by law to prepare regulatory cost-benefit analyses (RCBA). As Cole says in his introduction, “For better or for worse, RCBAs have significantly influenced policies for dealing with, or not dealing with, collective action problems ranging from airport enlargement to global climate change.”

In Federalism Accountability: “Agency Forcing” Measures, author Catherine M. Sharkey advocates a variety of “agency-forcing” measures designed to enhance the ability of Congress, the executive, and especially the courts to ensure that agencies abide by executive mandates and other reforms, and to provide a check on overt politicization or inaction on agencies’ part.

Fixing Regulatory Review: Recommendations for the Next Administration provides a set of recommendations for the Obama Administration to improve the process of regulatory review. It includes ten principles that should inform regulatory review and cost-benefit analysis of regulation, as well as a detailed markup of the Executive Order signed by President William Jefferson Clinton that established the structure of review that is currently in place.

This report examines the regulatory failures of the Bush years on issues as wide-ranging as climate change and workplace safety, and concludes that these failures did not arise because of an overuse of economics, but because economic and scientific evidence was ignored.

The Cost-Benefit Compass: Navigating the Perfect Storm of Economic, Environmental, and Energy Challenges discusses how the next administration can use cost-benefit analysis to address the three great interrelated challenges facing the country.