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Valuing Life: Humanizing the Regulatory State

2.88  ·  Rating Details ·  16 Ratings  ·  5 Reviews
The White House Office of Information and Regulatory Affairs (OIRA) is the United States’s regulatory overseer. In Valuing Life, Cass R. Sunstein draws on his firsthand experience as the Administrator of OIRA from 2009 to 2012 to argue that we can humanize regulation—and save lives in the process.

As OIRA Administrator, Sunstein helped oversee regulation in a broad variety
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Hardcover, 240 pages
Published September 5th 2014 by University Of Chicago Press (first published January 1st 2014)
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Sean Goh
Jan 03, 2016 Sean Goh rated it it was ok
Boring. Felt like a textbook or manual more than anything else.

In the world of (US) regulation, politics and interest group pressure usually do not play a significant role in the regulatory process.
Good internal processes are immensely important, because they increase the likelyhood that people will focus on what matters and get things right. Obtaining widely dispersed information is also important.

When rulings are delayed it is usually because significant interagency concerns have yet to be ad
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Wilte
Feb 03, 2015 Wilte rated it it was ok
Shelves: ub
Drawing on his experience at OIRA (office of information and regulatory affairs), Sunstein describes benefit-cost analyses for new regulation. With special focus on how to value a life. Value of Statistical Life (VSL) commonly used is $9 million.

Predictable deviations from rationality are also discussed, like our inability to accurately judge low probabilities or betrayal aversion. Interesting, but not very new. Book is a collection/draws heavily on law journal-articles.

Also, executive order 1
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Austin Barselau
Jun 15, 2015 Austin Barselau rated it really liked it
Although at times repetitive, this book provides a great synopsis of the behavioral psychology and microeconomic motivations behind government regulation.
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306.20973 S9588 2014
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Cass R. Sunstein is an American legal scholar, particularly in the fields of constitutional law, administrative law, environmental law, and law and behavioral economics, who currently is the Administrator of the White House Office of Information and Regulatory Affairs in the Obama administration. For 27 years, Sunstein taught at the University of Chicago Law School, where he continues to teach as ...more
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