There are both benefits and costs associated with peer reviewing economic analysis (as with any analysis). Benefits depend on 1) the expertise of the agency economists generating the study as well as the oversight of those studies; 2) the types and qualities of expertise of the peer reviewers; 3) the transparency of the peer review process; 4) whether the errors are likely to be corrected in the analysis ; 5) the societal value of the decisions that are analyzed; and, 6) how much the risk management decision depends on the economic analysis. Any set of rules considered for when a peer review is worthwhile should consider these factors in a benefit/cost analysis.