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Author Foutes, C. Elliot ♦ Dehmel, Jean-Claude
Source CiteSeerX
Content type Text
File Format PDF
Subject Domain (in DDC) Computer science, information & general works ♦ Data processing & computer science
Subject Keyword Economic Theory ♦ Cost-benefit Analysis ♦ Net Benefit ♦ Positive Net Benefit ♦ Formal Cost-benefit Analysis ♦ Low-activity Mixed Waste ♦ Net Cost ♦ Well-defined Circumstance
Abstract Cost-benefit analysis is central to explicitly demonstrating the worth of a rulemaking to society as-a-whole. This demonstration is usually in the form of the net benefit to be derived. The thesis of this paper is that under certain, well-defined circumstances, a formal cost-benefit analysis may not be necessary to demonstrate, before the fact, that a rule will result in this net benefit. To this end, this paper examines this thesis in the context of a soon-to-be proposed rulemaking by EPA for low-activity mixed waste. This rulemaking has been put forward by EPA as one that can be predicted in the absence of cost-benefit analysis to have either zero or positive net benefits, but no net cost.
Educational Role Student ♦ Teacher
Age Range above 22 year
Educational Use Research
Education Level UG and PG ♦ Career/Technical Study
Learning Resource Type Article
Publisher Date 2000-01-01