Abstract
When engineers work in fields regulated by the general, federal government, they favor regulations for scientific or technical reasons. Since regulations are frequently derived from risk analyses, it would be valuable to society if engineers understood the total effect of regulatory costs on the general populace before lobbying for more regulation and public expenditures. The purpose of this section is to suggest within the context of engineering economics a broader perspective on the costs of regulation .
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Chadderton, R.A. (2015). Costs of Regulation. In: Purposeful Engineering Economics. Springer, Cham. https://doi.org/10.1007/978-3-319-18848-5_11
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DOI: https://doi.org/10.1007/978-3-319-18848-5_11
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