Cost-Benefit Analysis and Deep Uncertainty
Legal Planet
SEPTEMBER 22, 2022
OIRA, the so-called “regulatory czar” in the White House, must approve every significant regulation based on a review of its CBA. But it has advanced beyond the vague guidance provided by OMB since 2003, which may not have been state-of-the-art even then. But CBA has had a major blind spot.
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