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  1. How Declining Budgets at U.S. Regulatory Agencies Could Improve Performance [Download]

    Title: How Declining Budgets at U.S. Regulatory Agencies Could Improve Performance
    Author: Peacock, Marcus
    Description: Although spending on U.S. regulatory programs has doubled in the last 20 years, that trend is unlikely to last. How these programs manage budget cuts will determine whether downsizing harms or helps regulatory performance. Leaders of regulatory agencies must avoid satisfying tighter budgets with temporary “mindless austerity” measures that anger workers. Instead managers should use scarcity to find, with workers, “frugal innovations” that can significantly and permanently improve program value.
    Keywords: Regulation , Working Paper, Economic Analysis, Politics, Public Policy, Regulatory Studies, Regulatory Policy
    Date Uploaded: 12/05/2017
  2. Utilizing Behavioral Insights (without Romance): An Inquiry into the Choice Architecture of Public Decision-Making [Download]

    Title: Utilizing Behavioral Insights (without Romance): An Inquiry into the Choice Architecture of Public Decision-Making
    Author: Smith, Adam C.
    Description: Behavioral economics has been employed in a number of policy applications over the last decade. From energy requirements to tax compliance to consumer finance, policymakers are increasingly operating under the assumption that people consistently fail to make rational choices. While the benefit of this policy trend remains an open debate, behavioral economists have long neglected a complementary examination of public decision-makers themselves. By comparing two public agencies influenced by behavioral economics, the U.S. Consumer Financial Protection Bureau and U.K. Behavioral Insights Team, I show how different institutions create divergent policy outcomes across the two agencies in a way that cannot be accounted for without incorporating public choice theory. I argue that improvement of private choice architecture must be accompanied by careful understanding of the public choice architecture in which policies are rendered if behavioral economics is to be a successful foundation for welfare-improving policies.
    Keywords: Regulation , Working Paper, Behavioral Economics, Public Policy, Regulatory Studies, Regulatory Policy, Psychology
    Date Uploaded: 12/05/2017
  3. Congressional Review Act Fact Sheet [Download]

    Title: Congressional Review Act Fact Sheet
    Author: Pérez, Daniel R.
    Description: Congress enacted the Congressional Review Act (CRA) on March 29, 1996 as part of the Small Business Regulatory Enforcement Fairness Act (SBREFA) in an effort to increase its oversight of federal agency rulemaking. The CRA includes several parliamentary mechanisms, explained below, that enable Congress to disapprove a final rule issued by a federal agency.
    Keywords: Regulation , Working Paper, Politics, Public Policy, Regulatory Studies, Regulatory Policy
    Date Uploaded: 12/05/2017
  4. Implementing a Two-for-One Regulatory Requirement in the U.S. [Download]

    Title: Implementing a Two-for-One Regulatory Requirement in the U.S.
    Author: Peacock, Marcus
    Description: President-elect Trump committed to “a requirement that for every new federal regulation, two existing regulations need to be eliminated” or what could be called a “two-for-one” requirement. The implementation of such a regulatory “pay as you go” process raises a number of issues including: what constitutes a “new regulation”; how offsets should be measured; estimating and managing additional analytic and administrative workload; enforcement; and how to increase the likelihood such a policy survives the next presidential transition. This working paper presents the advantages and disadvantages of various options for implementing a two-for-one policy, and also discusses the role of regulatory benefits estimates in such a system.
    Keywords: Regulation , Working Paper, Politics, Public Policy, Regulatory Studies, Regulatory Policy
    Date Uploaded: 12/05/2017
  5. Ten Regulatory Process Reforms President-Elect Trump Could Undertake [Download]

    Title: Ten Regulatory Process Reforms President-Elect Trump Could Undertake
    Author: Dudley, Susan E.
    Description: President-elect Trump has promised to “reform the entire regulatory code to ensure that we keep jobs and wealth in America.”To that end, scholars at the George Washington University Regulatory Studies Center offer a list of 10 reforms to regulatory processes that could be accomplished through executive action. While other potential reforms could be achieved through the courts or by working with congress, these reforms focus on actions that are within the purview of the executive branch.
    Keywords: Regulation , Working Paper, Politics, Public Policy, Regulatory Studies, Regulatory Policy
    Date Uploaded: 12/05/2017
  6. The Next Regulatory Czar [Download]

    Title: The Next Regulatory Czar
    Author: Dudley, Susan E.
    Description: To accomplish his promised overhaul of the U.S. regulatory system, President Trump will need the help of a small office that most people outside of Washington have never heard of. The Office of Information & Regulatory Affairs (OIRA, pronounced Oh-Eye-Ruh), established in 1980, oversees the regulatory, information collection, and statistical activities of federal executive branch agencies. Like its budget counterparts in the Office of Management and Budget (OMB), it provides the president with a tool to check agencies’ natural proclivity to want more (whether it’s more budget resources or more regulatory authority). As President Trump prepares to announce his nominee to be OIRA administrator, this Regulatory Insight provides an inside look at the functions of this important office, its origins and procedures, and why some (including this author) say the job of OIRA administrator is the best job in Washington.
    Keywords: Regulation, Working Paper, Politics, Public Interest, Public Policy, Regulatory Studies, Regulatory Policy
    Date Uploaded: 12/05/2017
  7. Shining a Light on Regulatory Costs [Download]

    Title: Shining a Light on Regulatory Costs
    Author: Mannix, Brian F.
    Description: President Trump’s Executive Order 13771, Reducing Regulation and Controlling Regulatory Costs, has caused some confusion among the analysts, inside and outside federal agencies, who forecast the economic effects of regulations. Which effects should count as costs and which as benefits? It sounds like it should be an easy question, but it is not. Here are some wrinkles to consider.
    Keywords: Regulation , Working Paper, Cost-Analysis, Public Policy, Regulatory Studies, Regulatory Policy
    Date Uploaded: 12/05/2017
  8. Reforming the Energy Policy and Conservation Act: Learning from Experience on Energy Efficiency [Download]

    Title: Reforming the Energy Policy and Conservation Act: Learning from Experience on Energy Efficiency
    Author: Miller, Sofie E.
    Description: The Energy Policy and Conservation Act of 1975 (EPCA), as amended, grants the Department of Energy (DOE) broad authority to regulate the maximum energy intensiveness of everyday household appliances such as microwaves and dishwashers. As the pace of these energy efficiency regulations has increased, the effects of these standards—and the analyses on which they are based—reveal a need to revisit this statutory authority to reduce burdens for consumers.
    Keywords: Regulation , Working Paper, Energy, Public Interest, Public Policy, Regulatory Studies, Regulatory Policy
    Date Uploaded: 12/05/2017
  9. Improving Regulatory Science: A Case Study of the National Ambient Air Quality Standards [Download]

    Title: Improving Regulatory Science: A Case Study of the National Ambient Air Quality Standards
    Author: Dudley, Susan E.
    Description: This paper explores the motivations and institutional incentives of participants involved in the development of regulation aimed at reducing health risks, with a goal of understanding and identifying solutions to what the Bipartisan Policy Center has characterized as “a tendency to frame regulatory issues as debates solely about science, regardless of the actual subject in dispute, [that] is at the root of the stalemate and acrimony all too present in the regulatory system today.” We focus our analysis with a case study of the procedures for developing National Ambient Air Quality Standards under the Clean Air Act, and attempt to identify procedural approaches that bring greater diversity (in data, expertise, experience, and accountability) into the decision process.
    Keywords: Regulation , Working Paper, Public Interest, Public Policy, Regulatory Studies, Regulatory Policy, Environment, Public Health
    Date Uploaded: 12/05/2017
  10. U.S. Health Care Reform: Universal Insurance or Affordable Care? [Download]

    Title: U.S. Health Care Reform: Universal Insurance or Affordable Care?
    Author: King, Don W.
    Description: The U.S. leads the world in scientific discovery and medical innovation, and recent studies suggest that for many clinical conditions, U.S. patients have outcomes superior to or equivalent to those in other industrialized countries. However, U.S health insurance and medical care are very expensive, and Americans may be spending more on health care than is necessary to achieve the highest quality. While there are undoubtedly many reasons that insurance and care are expensive, present federal and state policies appear to be important factors.
    Keywords: Regulation , Health Care, Working Paper, Economic Analysis, Public Interest, Public Policy , Regulatory Studies, Regulatory Policy
    Date Uploaded: 12/05/2017