Exploring the Role of Cost Benefit Analysis in Government Regulations

Exploring the Role of Cost Benefit Analysis in Government Regulations

Exploring the Role of Cost Benefit Analysis in Government Regulations AARP Public Policy Institute

Exploring the Role of Cost Benefit Analysis in Government Regulations

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In the ongoing debate about the value of cost-benefit analysis, proponents argue it should play a dominant role in policy making. Critics argue that cost-benefit analysis is a seriously flawed basis for this purpose. This Research Report by Keith D. Lind, a Senior Policy Advisor with AARP’s Public Policy Institute and coauthors from the Eastern Research Group identifies strengths and weaknesses of cost-benefit and cost-effectiveness analysis. It highlights key factors, like age, that can influence the results and provides insights into the role of cost-benefit analysis in government regulations.

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