For the first time, a formal benefit-cost requirement plays an
integral role in U.S. environmental policymaking, and in this
volume, some of the nation's leading experts on environmental
policy appraise the effects of President Reagan's Executive Order
No. 12291. By considering how the Environmental Protection Agency
has responded to 12291, these essays identify the limitations of
conventional practices of benefit-cost analysis.
Originally published in 1984.
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