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This article is Chapter 6, Handbook of Regulatory Impact Assessment, Edward Elgar, London, Edited by Claire A. Dunlop and Claudio M. Radaelli, University of Exeter, UK. This comparative Handbook provides a pioneering and comprehensive account of regulatory impact assessment – the main instrument used by governments and regulators to appraise the likely effects of their policy proposals. Renowned international scholars and practitioners describe the substance of impact assessment, situating it in its proper theoretical traditions and scrutinizing its usage across countries, policy sectors, and policy instruments. The Handbook of Regulatory Impact Assessment will undoubtedly be of great value to practitioners and also scholars with its wealth of detail and lessons to be learned. At http://www.e-elgar.com/shop/handbook-of-regulatory-impact-assessment