In Defense of the Economic Analysis of Regulation

Download or read book In Defense of the Economic Analysis of Regulation written by Robert William Hahn and published by A E I Press. This book was released on 2005 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This monograph addresses the analytical concerns raised by the critics. It makes four points: First, summary measures of the impact of regulations have made important contributions to our understanding of the regulatory process, a point often overlooked by the critics; second, many of the critics' concerns could be addressed by making refinements to scorecards rather than wholly rejecting them as an analytical tool; third, some of the suggestions made by the critics are legitimate, but many are not; and finally, the solution to legitimate concerns raised by the critics is not to eliminate quantitative economic analysis but to gain a deeper understanding of its strengths and weaknesses and to use it wisely."--BOOK JACKET.