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42 Admin. L. Rev. 545 (1990)
Project: The Impact of Cost Benefit Analysis on Federal Administrative Law

handle is hein.journals/admin42 and id is 557 raw text is: 545 PROJECT: THE IMPACT OF COST-BENEFIT ANALYSIS ON FEDERAL ADMINISTRATIVE LAW Introd uction ......................................................... 547 A. The Nature of Cost-Benefit Analysis ........................... 549 1. O verview ...................................................... 549 2 . H isto ry ......................................................... 5 5 3 3. T echniques .................................................... 563 a. The objectives of cost-benefit analysis ................... 563 b. Identifying and measuring costs and benefits ........... 564 c. Valuing the costs and benefits ............................ 566 d. D iscounting ............................................... 568 e. Cost-benefit analysis of distributional effects ............ 574 f. Communicating the cost-benefit analysis to the decisionm aker ............................................. 575 4. Agency im plem entation ...................................... 575 B. Cost-Benefit Analysis as National Policy ........................ 580 1. Public demand for cost-benefit analysis ..................... 581 2. Congressional attitude toward cost-benefit analysis ........ 582 3. Prohibitions against cost-benefit analysis to moderate regulation ..................................................... 58 5 4. Laissez-faire policies and cost-benefit analysis .............. 588 C. Control of Cost-Benefit Analysis ................................ 592 1. Congressional control ........................................ 592 2. Executive control ........ ......................... 595 a. OMB's role as overseeing agency ........................ 595 b. Judicial review of OMB's oversight role ................. 601 c. Political influence on OMB's oversight role ............. 602 d. OMB oversight of independent agencies cost- benefit analysis ............................................ 605 3. Judicial control ................................................ 606 a. Judicial acceptance of the concept ....................... 606 b. The scope of judicial review of cost-benefit analysis .... 609 c. Unreviewability and cost-benefit analysis ................ 618 D. Cost-Benefit Analysis in Specific Administrative Program s ......................................................... 622

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