This summer, Dean Richard Revesz, faculty director of the Institute for Policy Integrity, was the featured speaker of the Max Weber Lecture series at the European University Institute in Florence, Italy. His speech, titled “Three Stages in the Evolution of Cost-Benefit Analysis as a Tool to Evaluate Regulation,” discussed the shifts in evolution of cost-benefit analysis over the last thirty years.
Revesz recently co-authored an article, along with Kirti Datla ’12, “Deconstructing Independent Agencies (And Executive Agencies),” that advances a new understanding of administrative agencies from which flows a new and simpler theory of presidential control of agencies. The article will be published in the Cornell Law Review in 2013. In another piece, with Michael Livermore ’06, “Regulatory Review, Capture, and Agency Inaction,” Revesz argues that highlights the role of capture in providing a normative foundation for regulatory review of administrative action and establishes a reform agenda to help bring the practice of review in line with their anti-capture justification. The article is also forthcoming in the Georgetown Law Journal in 2013. He and Livermore are also currently editing a book, Cost-Benefit Analysis Goes Global: Balancing Environmental Protection and Economic Development Around the World (Oxford University Press, forthcoming, 2013) that will examine how cost-benefit analysis can help developing and emerging countries confront the next generation of environmental and public health challenges.
Revesz co-teaches, with Livermore, the Administrative and Regulatory State Clinic, which focuses on teaching students how to conduct effective advocacy before administrative agencies on a wide range of issues. He continues to teach his survey course on Environmental Law.
Earlier this year, Revesz was appointed to the National Academy of Sciences’ Committee on Science, Technology, and Law. He continues to serve as a Fellow of the American Academy of Arts and Sciences, and a member of the American Law Institute, the Council on Foreign Relations, and the Administrative Conference of the United States.