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
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?