Chapter

Cost-Benefit Analysis

in The People's Agents and the Battle to Protect the American Public

Published by University of Chicago Press

Published in print June 2010 | ISBN: 9780226772028
Published online March 2013 | e-ISBN: 9780226772042 | DOI: http://dx.doi.org/10.7208/chicago/9780226772042.003.0004
Cost-Benefit Analysis

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This chapter begins by explaining how health and safety statutes intend for agencies to make regulatory decisions. It then discusses how traditional cost-benefit analysis distorts such deliberations. It presents a case study—the Environmental Protection Agency's excessively delayed rulemaking on controlling mercury emissions from power plants—to illustrate the distinctions between the two approaches. It concludes with an evaluation of the prospects for reform.

Keywords: health; safety; federal agencies; regulation; Environmental Protection Agency; rulemaking; mercury emissions

Chapter.  8859 words. 

Subjects: Environment and Energy Law

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