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Does the Law Require Cost-Benefit Analysis? - Legal Planet
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Does the Law Require Cost-Benefit Analysis? - Legal Planet
Supporters of cost-benefit analysis have argued that agencies have a duty to follow cost-benefit analysis in their decisions. Agencies routinely perform cost-benefit analysis of proposed regulations, because presidential orders have long required them to do so. And the White House may also pressure them to make their decisions accordingly. But in the D.C. Circuit, anyway, the rule seems to be clear that there is no legal mandate to conform the…
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