Agencies underestimate the value of human life by consistently ignoring health inflation and wealth inflation.
Codifying cost-benefit analysis requirements of Executive Order would preempt valuable nuances of current review system.
Regulatory agencies change monetary values used when analyzing life-saving regulations.
Witnesses agree about the importance of thorough cost-benefit analysis.
Scholars argue that agencies do not weigh sufficiently comments they receive under the APA.
Republican legislation would require Congress to approve major rules passed by federal agencies.
President Obama’s new Executive Order stresses analysis of equity issues in rulemaking, in addition to calling for a review of existing regulation.
Penn Program on Regulation features number of experts who discuss risk in a number of regulatory contexts.