I'm posting this RFP at the request of Dick Morgenstern and Art Fraas. This is a great project ... coincidentally, I recently purchased Economic Analysis a the EPA, ed. by Morgenstern and have read the intro, conclusions, and all the parts about estimating benefits. The book is highly recommended for a better understanding of what policy analysts do with our benefit estimates.
From the website <https://www.rff.org/rpi/> here are excerpts from the RFP:
Overview
For more than 60 years, Resources for the Future (RFF) has been a leader in improving environmental, energy, and natural resource decisions through impartial economic research and policy engagement. The RFF Regulatory Performance Initiative (RPI) seeks to strengthen the measurement of the outcomes of federal environmental regulation. RFF is soliciting research proposals that pursue creative new ideas for measuring actual, realized benefits and costs of federal regulation. In particular, the project is focused on investigations that compare observed outcomes with a range of credible baselines and prospective or ex ante estimates.
Research Theme
RFF seeks applications for research and policy analysis on the performance of federal environmental regulations in the United States. ...
The present RFP seeks proposals in two areas:
- New in-depth studies on the actual performance of individual (or groups of) rules issued by the US EPA. Our recent focus has been on Clean Air Act (CAA) regulation, but we are potentially open to other topics as well. Preference will be given to those proposals using particularly innovative methods or data sources.
- New studies that examine the performance of different types of regulatory strategies; for example, a comparison of the performance of market-based vs traditional (command and control) regulation; a comparison of the performance of different types of market-based approaches (taxes vs emissions trading); or an evaluation of the performance of information-based (labeling) vs some type of mandatory regulation (e.g., traditional, command-and-control regulation or incentive-based approaches). These examples, and the examples below, are meant to illustrate but not limit the types of regulatory strategies that could be examined.