10.1184/R1/6706358.v1 Kenneth J. Arrow Kenneth J. Arrow Maureen L. Cropper Maureen L. Cropper George C. Eads George C. Eads Robert W. Hahn Robert W. Hahn Lester B. Lave Lester B. Lave Roger G. Noll Roger G. Noll Paul R. Portney Paul R. Portney Milton Russell Milton Russell Richard Schmalensee Richard Schmalensee V. Kerry Smith V. Kerry Smith Robert N. Stavins Robert N. Stavins Is There a Role for Benefit-Cost Analysis in Environmental, Health, and Safety Regulation? Carnegie Mellon University 2009 Business Management 2009-10-01 00:00:00 Journal contribution https://kilthub.cmu.edu/articles/journal_contribution/Is_There_a_Role_for_Benefit-Cost_Analysis_in_Environmental_Health_and_Safety_Regulation_/6706358 <p>The growing impact of regulations on the economy has led both Congress and the Administration to search for new ways of reforming the regulatory process. Many of these initiatives call for greater reliance on the use of economic analysis in the development and evaluation of regulations One specific approach being advocated is benefit- cost analysis, an economic tool for comparing the desirable and undesirable impacts of proposed policies.</p>