Madison E. Condon, Michael A. Livermore, J. Shrader
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Assessing the Rationale for the U.S. EPA’s Proposed “Strengthening Transparency In Regulatory Science” Rule
The U.S. Environmental Protection Agency (EPA) is considering a new policy that would prohibit the agency from issuing regulations that rely on studies whose underlying data are not publicly available. While the EPA claims it is pursuing this policy in the interest of transparency, we argue that such a prohibition would greatly hinder, rather than help, the rulemaking process and would likely result in undesirable regulatory outcomes that fail to maximize economic welfare. This policy brief argues that a good faith effort to encourage data availability should focus on forward-looking incentives for transparency rather than the exclusion of a whole class of studies, and that weighting older studies based on their evidentiary value is preferable to removing valuable information from agency consideration.
期刊介绍:
The Review of Environmental Economics and Policy fills the gap between traditional academic journals and the general interest press by providing a widely accessible yet scholarly source for the latest thinking on environmental economics and related policy. The Review publishes symposia, articles, and regular features that contribute to one or more of the following goals: •to identify and synthesize lessons learned from recent and ongoing environmental economics research; •to provide economic analysis of environmental policy issues; •to promote the sharing of ideas and perspectives among the various sub-fields of environmental economics;