Behavioral Science in the Regulatory State
New research paper examines the challenges and opportunities of a behavioral approach to regulation.
The Growing Application of Cost-Benefit Analysis to Financial Regulation
Cost-benefit analysis assumes an increasingly prominent role in financial rulemaking.
Cost and Benefit Changes During Federal Rulemakings
Data from recent rulemakings do not show that OIRA review systematically lowers estimated benefits and increases estimated costs.
Learning from the FDA’s Plan B Fiasco
Plan B episode calls for reconsidering the scope of judicial review and the role of politics in rulemaking.
Moving Toward the Evaluation State
By taking three feasible steps, the administration could help build a regulatory culture more supportive of ex post evaluation.
Enlightened Regulatory Capture
Legislatures can harness private expertise to advance public goals by using “regulatory capture.”
The Case for Structural Reform
IMF study stresses need for structural bank reforms to prevent future bailouts.
The Politics of Regulatory Reform
The politics of regulatory reform is much more about politics than it is about regulation.
OFR’s Refusal to Regulate References
The agency’s response to a recent petition fails to resolve a growing debate.
One Step Forward, Two Steps Back
Encouraging progress in public access to industry standards is counterbalanced by a governmental “disappointment.”
The Continuing Debate Over Regulatory Incorporation
The Regulatory Review features continuing debate on “incorporation by reference” after OFR responds to recent petition.
Citizen Feedback in Chinese Policymaking
Officials increasingly consult with an engaged public when setting policy.