This sounds nice, but I'm struggling to imagine how it will be effective in practice. Could you offer any elaboration?
> These changes undoubtedly reflect a more progressive view of regulation. Yet, they do not jettison cost-benefit analysis. Instead, they have a basis in recent academic research, and they appear to be designed with an eye toward helping agencies withstand court challenges to their cost-benefit analysis.
As I understand it, a cost benefit analyses did not factor into the recent supreme court ruling against the EPA, nor the one from last summer.
> These changes undoubtedly reflect a more progressive view of regulation. Yet, they do not jettison cost-benefit analysis. Instead, they have a basis in recent academic research, and they appear to be designed with an eye toward helping agencies withstand court challenges to their cost-benefit analysis.
As I understand it, a cost benefit analyses did not factor into the recent supreme court ruling against the EPA, nor the one from last summer.