The OIRA Module: Published Research

From: OpenMarket.org/CEI

by Wayne Crews

In the 2014 fiscal budget proposal, the White House praised regulation of auto safety, energy efficiency and credit cards, and claimed, “In fact, the net benefits of regulations issued through the third fiscal year of the first term have exceeded $91 billion.”

Well, let’s look at that.

Rules officially reviewed by OMB represent a small proportion of the total since before the turn of the century.

In the regulatory at year-end 2012, according to the Regulatory Plan and the Unified Agenda of Federal Regulations, 63 federal departments, agencies and commissions had just completed or were at work on 4,062 rules and regulations at various stages of planning and implementation (pre-rule, proposed, final, completed).

Retrospective Review of Risk-Based Regulations

The George Washington University Regulatory Studies Center 

&

The National Capital Area Chapter of the Society for Risk Analysis

Hart Senate Building, SH-902

Capitol Hill
Washington, DC
September 27, 2013

Too often, ex ante predictions of regulatory outcomes (reductions in health risks, benefits andcosts) are not verified with empirical data ex post. This conference will explore the possible reasons for this lack of ex post evaluation, and examine approaches to improve both the analytical tools for measuring outcomes of risk-reducing regulation, and the incentives to do so.

From: Gimby News Focus

Brooks Hays