Caroline Cecot on Cost-Benefit Analysis
In this episode, Caroline Cecot, Assistant Professor of Law at Antonin Scalia Law School at George Mason University, discusses her article "Transparency in Agency Cost-Benefit Analysis," which she co-authored with Robert W. Hahn, and which will be published in the Administrative Law Review. Cecot begins by explaining what cost-benefit analysis is and how agencies use it to inform decisionmaking. She explains the role of cost-benefit analysis in agency transparency, and distinguishes between process and policy transparency. She describes their empirical study of agency cost-benefit analysis. And she explains how it should inform our understanding of cost-benefit analysis. Cecot is on Twitter at @CarolineCecot.