The University of Texas at Austin

Business & Economy - Paul Tetlock  RSS

  • Finance professor in Washington Post

    By News Administrator
    Published: May 15, 2008
    Finance

    Economic analysis has been a key tool in making regulatory policy since 1981, when Ronald Reagan became president, with cost-benefit reviews increasingly being applied to initiatives. The idea is to assign monetary values to regulation, such as installing pollution-control technology or overhauling assembly lines to avoid repetitive-motion injuries to workers. That number is then weighed …

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