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Regulation is often thought of as an activity that restricts behaviour and prevents the occurrence of certain undesirable activities, but the influence of regulation can also be enabling or facilitative, as when a market could potentially be chaotic if uncontrolled. This Handbook provides a clear and authoritative discussion of the major trends and issues in regulation over the last thirty years, together with an outline of prospective developments. It brings together contributions from leading scholars from a range of disciplines and countries.
Each chapter offers a broad overview of key current issues and provides an analysis of different perspectives on those issues. Experiences in different jurisdictions and insights from various disciplines are drawn upon, and particular attention is paid to the challenges that are encountered when specific approaches are applied in practice. Contributors develop their own distinctive arguments relating to the central issues in regulation and apply scholarly rigour and clear writing to matters of high policy-relevance. The essays are original, accessible, and agenda-setting, and the Handbook will be essential reading both to students and researchers and to with regulatory and regulated professionals.
Martin Cave is Professor and Director of the Centre for Management under Regulation at Warwick Business School. He has advised many economic regulators throughout the world.
Robert Baldwin is a Professor of Law at the London School of Economics and Political Science. He has published extensively on regulation, has wide consultative experience in regulation and is the Director of the LSE Short Course on Regulation.
Martin Lodge is Reader in Political Science and Public Policy at the London School of Economics and Political Science. His research and teaching interests are in the comparative study of Executive Government and Regulation.
- Part I: General Issues - 1: Robert Baldwin, Martin Cave, and Martin Lodge: Regulation: The Field and the Developing Agenda - 2: Cento Veljanovski: Economic Approaches to Regulation - 3: Mike Feintuck: Regulatory Rationales Beyond the Economic: In Search of the Public Interest - 4: Karen Yeung: The Regulatory State - Part II : Processes and Strategies - 5: Cento Veljanovski: Strategic Use of Regulation - 6: Colin Scott: Standard-Setting in Regulatory Regimes - 7: Neil Gunningham: Enforcement and Compliance Strategies - 8: Cary Coglianese and Evan Mendelson: Meta-Regulation and Self-Regulation - 9: Tanina Rostain: Self-Regulatory Authority, Markets, and the Ideology of Professionalism - Part III: Contested Issues - 10: David Driesen: Alternatives to Regulation? Market Mechanisms and the Environment - 11: Jon Stern: The Evaluation of Regulatory Agencies - 12: Rob Baldwin: Better Regulation: the Search and the Struggle - 13: Claudio Radaelli and Fabrizio de Francesco: Regulatory Impact Assessment - 14: Julia Black: The Role of Risk in Regulatory Processes - 15: Martin Lodge and Lindsay Stirton: Accountability in the Regulatory State - 16: Antonio Estache and Liam Wren-Lewis: On the Theory and Evidence on Regulation of Network Industries in Developing Countries - 17: Mathias Koenig-Archibugi: Global Regulation - Part IV: Regulatory Domains - 18: Niamh Moloney: Financial Services and Markets - 19: Janice Hauge and David Sappington: Pricing in Network Industries - 20: Peter Alexiadis and Martin Cave: Regulation and Competition Law in Telecommunications and Other Network Industries - 21: Jürgen Feick and Raymund Werle: Regulation of Cyberspace - 22: Adrian Towse and Patricia Danzon: The Regulation of the Pharmaceutical Industry - 23: Catherine Mitchell and Bridget Woodman: Regulation and Sustainable Energy Systems - 24: Martin Lodge and Christopher Hood: Regulation Inside Government: Retro-Theory Vindicated or Outdated? - Part V: Conclusion - 25: Robert Baldwin, Martin Cave, and Martin Lodge: Conclusion: The Future of Regulation
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