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Law and Contemporary Problems

1991

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The Role Of Economic Analysis In Shaping Environmental Policy, Arthur Fraas Oct 1991

The Role Of Economic Analysis In Shaping Environmental Policy, Arthur Fraas

Law and Contemporary Problems

The experience of the US in using economic analysis to develop environmental policy is examined. Regulatory actions needed to create environmental benefits often impose substantial costs--both direct costs and indirect effects on other social goals--so it is important to consider all the effects of proposed initiatives Before imposing regulations.