Under the Trump administration, the Securities and Exchange Commission is in the process of revamping its approach to the cost-benefit analysis it performs in support of its regulatory actions. These ...

Forbes contributors publish independent expert analyses and insights. Fred L. Smith Jr. Fellow at the Competitive Enterprise Institute. Draft Report to Congress on the Benefits and Costs of Federal ...

Discover how marginal cost and revenue calculations help businesses find their profit-maximizing point by comparing costs and ...

Opportunity cost refers to the potential profit provided by a missed opportunity—the result of choosing one alternative for ...

On his very first day in office President Joe Biden issued a memorandum directing the Office of Management and Budget (OMB) to make “recommendations for improving and modernizing regulatory review.” ...

A large new global study of project performance over 86 years confirms that ingrained optimism bias results in forecast-based cost-benefit analyses "so misleading as to be worse than worthless," say ...

This activity constitutes Phase 1 of a possible two-part effort directed towards guiding future benefit-cost studies, ensuring greater consistency and comparability across studies, and enhancing the ...