SBCA Events in September

October 9, 2017

The Society for Benefit-Cost Analysis co-sponsored four events last month:

Benefit Cost Analysis: Advancing Analysis Workshop on September 7

The USDA Office of Risk Assessment and Cost Benefit Analysis (ORACBA) and the SBCA co-sponsored “Benefit Cost Analysis: Advancing Analysis Workshop” on September 7. The workshop consisted of four sessions of papers from the two most recent SBCA conferences that are especially relevant to the economists who develop regulatory impact analyses in support of rulemaking. The topics of the sessions ranged from specific analyses to support regulations (e.g., behavioral responses to health information and warnings), through valuation methods for informed decision making (e.g., applying VSL when persons choose risk or care about risks to others), and finally through retrospective benefit cost analyses of rules (e.g., retrospective review of DOE’s energy efficiency standards). The issues discussed were especially timely considering the new requirements of the Executive Order 13771. The workshop also served to introduce regulatory economists to the SBCA and its vast resources.

Workshop: The role of CBA in Government Decision-making: International Perspectives on September 20 in Milan, Italy 

The University of Milan, the Centre for Industrial Studies (CSIL), and the SBCA organized an international workshop called "The Role of CBA in Government Decision-making" on September 20 in Milan, Italy. The workshop acted as a forum to discuss benefit-cost analysis (CBA) practices worldwide by bringing together institutional stakeholders, academics and practitioners. It specifically addressed a comparison between the US, European, and international perspectives and experiences in carrying out the benefit-cost analysis of projects and policies. The keynote address was given by Lynn Karoly, SBCA President.

Discussion Forum: Building on the Recommendations of the Commission of Evidence-Based Policymaking on September 21

Last year the U.S. Commission on Evidence-Based Policymaking was charged by the President and Congress to develop a strategy for improving how evidence is generated about government policies and programs. The bipartisan Commission submitted its final report with findings and recommendations in September 2017. This discussion forum, co-sponsored by the American Evaluation Association, Washington Evaluators, GWU’s Trachtenberg School of Public Policy and Public Administration and the SBCA, presented an opportunity for members of the professions most affected by the Commission’s recommendations to discuss how professional societies and other non-governmental organizations can embrace the momentum of the Commission’s recommendations to improve evidence building in the United States.

Symposium: New Developments in Regulatory Benefit-Cost Analysis on September 29

The George Washington University Regulatory Studies Center, the Administrative Conference of the United States and the SBCA co-sponsored a discussion on "New Developments in Regulatory Benefit-Cost Analysis" on September 29. The event featured remarks from former OIRA administrators, an expert discussion of tools for measuring the impacts of deregulatory as well as regulatory actions, and a roundtable of senior government economists sharing experiences with analysis relevant to new regulatory directives.

Thank you to our co-sponsors and all who participated by presenting, moderating panels, or attending!