Harrington, Winston; Morgenstern, Richard D.; Nelson, Peter - In: Journal of Policy Analysis and Management 19 (2000) 2, pp. 297-322
This study compares ex ante estimates of the direct costs of individual regulations to ex post assessments of the same regulations. For total costs the results support conventional wisdom, namely that the costs of regulations tend to be overestimated. This is true for 14 of the 28 rules in the...