Advanced Search
MyIDEAS: Login to save this paper or follow this series

The Benefit-Cost Analysis of Security Focused Regulations


Author Info


Security focused regulations have been largely exempt from the benefit-cost type of analysis required for major Federal regulations and done routinely in areas such as transportation, environment and safety. among the reasons offered for exemption are the analytical difficulties of security issues involving complex or poorly understood probabilities and consequences. This paper investigates the magnitude of security focused regulations, a framework for developing an expected costs analysis of regulations, and the current "break-even" analysis used by the Department of Homeland Security. Key assumptions implicit in the current analysis are identified and suggestions are made for the difficult evolution of security regulations toward a more explicit benefit-cost analysis.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL:
Download Restriction: no

Bibliographic Info

Paper provided by UMBC Department of Economics in its series UMBC Economics Department Working Papers with number 09-101.

as in new window
Length: 24 pages
Date of creation: 29 Sep 2009
Date of revision:
Handle: RePEc:umb:econwp:09101

Contact details of provider:
Postal: UMBC Department of Economics 1000 Hilltop Circle Baltimore MD 21250, USA
Phone: 410-455-2160
Fax: 410-455-1054
Web page:
More information through EDIRC

Order Information:

Related research

Keywords: Benefit-cost; homeland security; regulation;

This paper has been announced in the following NEP Reports:


References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. repec:reg:wpaper:178 is not listed on IDEAS
  2. Viscusi, W. Kip & Zeckhauser, Richard, 2003. "Sacrificing Civil Liberties to Reduce Terrorism Risks," Working Paper Series, Harvard University, John F. Kennedy School of Government rwp03-017, Harvard University, John F. Kennedy School of Government.
  3. Scott Farrow, 2007. "The Economics Of Homeland Security Expenditures: Foundational Expected Cost-Effectiveness Approaches," Contemporary Economic Policy, Western Economic Association International, Western Economic Association International, vol. 25(1), pages 14-26, 01.
  4. repec:reg:wpaper:399 is not listed on IDEAS
  5. George J. Borjas, 2005. "The Labor Market Impact of High-Skill Immigration," NBER Working Papers 11217, National Bureau of Economic Research, Inc.
  6. Rossiter, Adriana & Dresner, Martin, 2004. "The impact of the September 11th security fee and passenger wait time on traffic diversion and highway fatalities," Journal of Air Transport Management, Elsevier, Elsevier, vol. 10(4), pages 225-230.
Full references (including those not matched with items on IDEAS)



This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


Access and download statistics


When requesting a correction, please mention this item's handle: RePEc:umb:econwp:09101. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christelle Viauroux).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.