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May 10, 2021
/PRNewswire/ -- 360PR+, an award-winning, creative, leading independent agency, is proud to announce its certification as a Women's Business Enterprise by the...
Saint Louis University
May 7, 2021
/PRNewswire/ -- Saint Louis University has announced that Donald and Nancy Ross have made a $1 million gift to the University in support of the Chaifetz Center...
HYPER by Sanho Corporation
May 6, 2021
/PRNewswire/ -- HYPER by Sanho Corporation, creator of the world's most crowdfunded USB-C hubs, today announce the new lineup of Works With Chromebook...
May 1, 2021
Take your vision to the next level with these android app developers!
Hahn, R. W.
April 30, 2021
One key way that many governments around the world incorporate scientific research into policy-making is through cost-benefit analysis (CBA). But despite well-established practices for rigorous estimation of the pros and cons of policies, there is room to improve, particularly in characterizing difficult-to-measure benefits and the distribution of the costs and benefits across different segments of society. In this regard, announcements by US President Biden, if brought to fruition, could have far-reaching implications for how CBA is used in government decision-making. But such promising (and familiar) rhetoric is no guarantee of real progress, and the devil, as always, is in the details. These details are where the scientific community has an important role to play to improve the use of CBA and to hold the administration accountable. Some 40 years ago, President Reagan ushered in a regulatory "revolution" by requiring CBA for major regulations. Many other countries have since followed suit. Different US presidents have emphasized different parts of CBA. Republican presidents have tended to focus on the cost of regulation, or cost-benefit balancing. Democratic presidents have tended to place increasing emphasis on benefits and distribution. A Biden memo in January revisits many of these traditional Democratic priorities, but recognizing heightened awareness in society and politics, expands benefits and equity further. The memo could be construed as asking for a roadmap on how to address equity concerns that arise. It is useful to divide this problem into three parts: getting better information on the likely winners and losers from a policy; examining how to include that information in a CBA; and specifying how the distributional impacts should enter into final regulatory decisions. Better information on the distributional aspects of regulation could be very useful but will not be free. If the administration is interested in learning more about equity, it should consider funding research. This can be broken down into two parts: research on benefits and research on costs by, say, socioeconomic grouping. On the benefit side, this could involve developing better information on "dose" and response by groups in the case of environmental regulations. Groups could be defined by income or race, for example. On the cost side, it would be desirable to know more about which groups bear the most substantial costs of regulation. This is relatively straightforward in some cases where costs are highly concentrated (e.g., in the case of plant closures) but is more challenging when trying to estimate the impact of a regulation on wages or prices across different groups. Interestingly, almost no CBAs of regulations provide quantitative assessments of the benefits and costs of a regulation by particular subgroups in the population. One reason is that it is challenging to develop such estimates. Yet, such calculations are critical for understanding the distributional impacts of a regulation. Scientists can play an important role in defining how best to develop such estimates and the likely costs and benefits of doing so. The current approach to factoring information on equity into a CBA is generally to exclude such information from the quantitative analysis altogether and only consider it in the final decision to regulate. One alternative is to introduce distributional weights in comparing benefits and costs across different socioeconomic groups. The precise formulation of these weights is likely to be highly contentious. Scientists may not have any higher authority in the determination of these weights, which is largely a question of adjudicating conflicts among competing societal values, but scientists can play an important role in calculating how different weights could affect the estimation of net benefits How then should the additional information on equity be used in the regulatory decision process? One approach would be to ask the decision-maker to try to maximize net benefits but leave latitude to consider a wide range of factors, including equity. At the same time, the basis for reaching the decision, and the role that quantitative analysis played in reaching that decision, should be stated clearly. Scientists have an important role to play in estimating how decision rules are likely to affect overall net benefits and the net benefits going to different groups. The question ahead for academics and practitioners is how best to address equity concerns if the goal is to promote a regulatory agenda that actually does more good than harm.
Shutterstock, Inc.
April 22, 2021
/PRNewswire/ -- A Shutterstock, Inc. (NYSE: SSTK), uma plataforma criativa líder global que oferece soluções completas, conteúdo de alta qualidade e...
Research and Markets
April 20, 2021
/PRNewswire/ -- The "Private Wireless Networks Market by LTE, 5G, and Edge Computing in Enterprise, Industrial, and Government Solutions 2021 - 2026" report...
April 14, 2021
/PRNewswire/ -- EasyShiksha is launching Version 2.0 of the education portal which was initiated in 2012. The enterprise model features the opportunity for...
February 25, 2021
/PRNewswire/ -- Appian maakt vandaag bekend dat zij door Gartner zijn erkend als een 2021 Gartner Peer Insights Customers' Choice voor Enterprise Low-Code...
February 23, 2021
/PRNewswire/ -- Appian (NASDAQ: APPN) wurde als 2021 Gartner Peer Insights Customers' Choice für Enterprise Low-Code Application Platforms (LCAP) ernannt....
Marc Ambasna-Jones
February 22, 2021
Our survey of 1,172 IT pros finds that despite the pandemic, most people have seen compensation rise or remain steady but some old inequalities remain
Brand Post
February 17, 2021
Achieve long-lasting business value with the right content services platform and ecosystem.
Research and Markets
February 11, 2021
/PRNewswire/ -- The "Connected Device Market for Consumer, Enterprise, and Industrial IoT Devices by Use Case, Device Type, Applications, and Industry...
Nuance Communications, Inc.
February 8, 2021
/PRNewswire/ -- Nuance Communications, Inc. (NASDAQ: NUAN) today announced financial results for its first quarter ended December 31, 2020: GAAP revenue of...
ACL Digital
February 4, 2021
/PRNewswire/ -- Beginning in January of 2021, ACL Digital, part of the ALTEN Group and based in the Silicon Valley has partnered with Infosim® GmbH & Co., as a...
Walter Thompson
January 29, 2021
Edtech is so widespread, we already need more consumer-friendly nomenclature to describe the products, services and tools it encompasses.
January 28, 2021
/PRNewswire/ -- LeaseLock, the world's leading insurtech provider to the rental housing industry, today announced that Jordan Greek has joined the company as...
Paul Oswell
January 21, 2021
Business Insider
Here are the best car rentals of 2021 based on prices, locations, cancellation policies, reviews, and COVID-19 safety procedures.
Arif Bacchus
December 21, 2020
Digital Trends
In this guide, we'll show you how to use the Sandbox feature in Windows 10 Pro and Enterprise to keep your computer safe from sketchy software and apps.
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December 11, 2020
Get ready to deal with things like Data Explosion, the Application Threat Vector, and Virtual Perimeters
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