The following post comes to us from John C. Coates IV, John F. Cogan Jr. Professor of Law and Economics at Harvard Law School. It is based on two of his recent articles, “Cost-Benefit Analysis of Financial Regulation: Case Studies and Implications,” which is forthcoming in the Yale Law Journal and is available here, and “Towards Better Cost-Benefit Analysis: An Essay on Regulatory Management,” which is forthcoming in Law and Contemporary Problems and is available here.
The 2010 Dodd-Frank Act mandated over 200 new rules, bringing renewed attention to the use of cost-benefit analysis (CBA) in financial regulation. … Read more