Economic Foundations of the Current Regulatory Reform Efforts
Bibliographic Data
| ID | 4850141 |
|---|---|
| Authors | W Kip Viscusi (0000-0002-7931-7689, John Cogan, Jr., Professor of Law and Economics, Harvard Law School, Cambridge, Massachusetts., corresponding author) |
| Year | 1996 |
| Volume | 10 |
| Issue | 3 |
| Pages | 119-134 |
| Publication date | 1996-08-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Economic Perspectives (JOURNAL) |
| Journal identifiers | ISSN: 0895-3309 • E-ISSN: 1944-7965 |
| Publisher | American Economic Association (PUBLISHER • US) |
| DOI | 10.1257/jep.10.3.119 |
| OpenAlex | W2154582484 |
| Language | EN |
| Citations received | 8 |
| References cited | 9 |
Regulatory reform proposals before Congress would potentially increase the role of economics in regulatory policymaking. These reforms seek to override existing legislative mandates, which usually prohibit economic trade-offs and have often led to inefficient expenditures. Proposed legislation would preempt these requirements and improve benefit-cost tests, making economic assessment a focal point of regulatory policy debates. Other reforms, such as the promotion of unbiased risk assessment and offsetting risk consequences of regulations, would also promote more efficient policies. Some less desirable proposals would largely serve to increase the transactions costs of issuing new regulations
Business · Cost–benefit analysis · Economic policy · Economics · Legislation · Legislature · Market economy · Political science · Politics · Public economics · Regulatory reform · Economic and Environmental Valuation · Health Systems, Economic Evaluations, Quality of Life · Healthcare Policy and Management · Law
| Unique citing works | 8 |
|---|---|
| Citations per year | 0,29 |
| Citation span | 1998 - 2023 (26) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 7 |