A Reader on Regulation: (Oxford Readings in Socio-Legal Studies)

Regulation has become a key form of state activity and an area of burgeoning academic concern, both in Public Law and Economics. This collection makes available to the reader a number of indispensable readings. The text considers the central topics of regulation and looks to theory as well as practice, enforcement as well as rule-making, and supra-national as well as domestic concerns. Particular attention is paid to the ways that regulatory developments can be explained, the choices of technique that confront regulators and the varieties of regulatory style that are encountered within and between different regimes. The introductory essay considers the maturation of regulation both as a practice and as a discipline. it examines regulation as a topic for study, reviews major developments in regulation and outlines central themes. This book is intended as a resource for upper-level undergraduate students and teachers of regulation as part of degree courses in law, economics, business, public policy and politics, but also for those involved in or subject to regulation on a daily basis.

Table of Contents:
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: Organising Regulatory Space 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: Juridification - Concepts, Aspects, Limits, Solutions 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?

About the Author :
Robert Baldwin is Professor of Law at the London School of Economics where he teaches Regulation, Public Law and Criminal Law. He has previously worked at the universities of Aberdeen, Oxford and Brunel and has acted as a consultant on regulation to such bodies as the Health and Safety Executive, the Commission of the European Community, the International Labour Organisation and H.M. Treasury. He is the author or editor of numerous books and articles in the field of regulation and public law, including Rules and Government (Oxford University Press 1995) Colin Scott is Senior Lecturer in Law at the London School of Economics. He was closely involved in establishing the inter-disciplinary M.Sc. Regulation Programme at the LSE in 1995 and has had a leading role in two major funded research projects on the regulation of government, and the regulatory processes of the UK Office of Telecommunications. Christopher Hood is Professor of Public Administration and Public Policy Convenor in the Department of Government, LSE. He is the author of many books and articles.

Review :
"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