Readership: Undergraduate and graduate students of regulation as policy in law, economics (public economics, industrial economics) business (organization of enterprises),public policy, and politics departments (central government policies), plus those with a regulatory dimension in environmental law or planning (Geography) or transport planning (Geography).
Edited by Robert Baldwin, Professor of Law, London School of Economics, Colin Scott, Senior Lecturer in Law, London School of Economics, and Christopher Hood, Professor of Public Administration and Public Policy Convenor, London School of Economics
""Excellent introduction. A valuable collection. It will provide valuable support for my students by highlighting different approaches and methodologies on study of regualtion - underpinning their work on media policy and regulation", Jonathan Hardy, University of East London"
""Excellent collection of articles", Dr Abdullah Khan, Free University of Amsterdam"
Introduction: Regulation Grows Up: Into its Prime or Mid-Life Crisis? PART 1: REGULATORY ORIGINS AND REFORM Stephen Breyer: Typical Justifications for Regulation Sam Peltzman: The Economic Theory of Regulation after a Decade of Deregulation Leigh Hancher and Michael Moran: Toni Makkai and John Braithwaite: In and Out of the Revolving Door: Making Sense of Regulatory Capture Giandomenico Majone: The Rise of the Regulatory State in Europe PART 2: STANDARD SETTING AND RULE CHOICES Colin Diver: The Optimal Precision of Administrative Rules Kristin Shrader-Frechette: Uncertainty and the Producer Strategy Keith Hawkins: Law as Last Resort Steven Shavell: The Optimal Structure of Law Enforcement Nancy Reichman: Moving Backstage: Uncovering the Role of Compliance Practices in Shaping Regulatory Policy PART 3: VARIETIES OF REGULATORY STYLES AND TECHNIQUES Terence Daintith: Legal Measures and their Analysis Anthony Ogus: Rethinking Self-Regulation Gunther Teubner: PART 4: VARIETIES OF REGULATORY SCALE Jeanne-Mey Sun and Jacques Pelkmans: Regulatory Competition PART 5: VARIETY IN ACCOUNTING FOR REGULATION James Freedman: Crisis and Legitimacy in the administrative process: a historical perspective Cosmo Graham: Is there a Crisis in Regulatory Accountability?