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Guidelines for Regulatory Impact Analysis: A Primer

2017

This “Frequently Asked Question” style document gives a brief overview of Regulatory Impact Analysis (RIA), a method used by the US government to assess the consequences of proposed policies and their alternatives. The document is aimed at those who are new to the topic. RIAs apply a framework for collecting, organizing, and evaluating data. They help ensure that regulatory actions are justified and necessary to achieve social goals, and that these actions are implemented in the most efficient and most cost-effective manner possible. To the extent possible, they also assess the distribution of the impacts. This document informs on key areas of understanding including: a) when an RIA is required, b) the steps involved in an RIA, c) how to value benefits and costs, d) approaches to account for timing, e) addressing uncertainty and non-quantifiable effects, and f) communicating the results.

 

Source:

Guidelines for Regulatory Impact Analysis: A Primer. U.S. Department of Health and Human Services 2017. https://aspe.hhs.gov/pdf-report/guidelines-regulatory-impact-analysis-primer