; and (II) whether rulemaking needs could be lessened by reliance on potential State, local, Tribal, or regional regulatory action or other responses that could be taken in lieu of agency action. (ii) Assessment of rules Guidelines setting forth how the assessment, including the quantitative and qualitative assessment, of proposed and final rules should occur, including how to determine— (I) the costs and benefits of proposed and final rules and alternatives to them, including quantifiable and non-quantifiable costs and benefits; (II) whether proposed and final rules maximize net benefits; (III) estimated impacts on jobs, wages, competition, innovation, and low-income populations; (IV) other economic issues that are relevant to rulemaking under this section or other sections of this part; and (V) risk assessments that are relevant to rulemaking under this section and other sections of this part. (iii) Numbers of alternatives Guidelines regarding when it may be reasonable to consider in a rulemaking more alternatives than the number presumed to be reasonable under subsection (b)(4). (iv) Adoption of alternatives for major or high-impact rules Guidelines regarding when it may be appropriate, in a rulemaking for a major or high-impact rule, to adopt an alternative final rule under subsection (f)(1)(B). (v) Administrator review Guidelines regarding the efficient submission and review of proposed and final rules under subsections (c)(1) and (f)(2). (B) Agency analysis of rules (i) In general The rigor of the cost-benefit analysis required or recommended by the guidelines established under subparagraph (A) shall be commensurate, as determined by the Administrator, with the economic impact of a rule. (ii) Risk assessment guidelines Guidelines for a risk assessment described in subparagraph (A)(iv) shall include criteria for— (I) selecting studies and models; (II) evaluating and weighing evidence