Understanding Regulation: Theory, Strategy, and Practice

by Robert Baldwin, Martin Cave, Martin Lodge

The way in which regulation works is a key concern of industries, consumers, citizens, and governments alike. Understanding Regulation takes the reader through the central issues of regulation and discusses these from a number of disciplinary perspectives. This book is written by a lawyer and an economist, but looks also towards business, political science, sociology, social administration, anthropology, and other disciplines. The fundamental strategies, institutions, and explanations of regulation are reviewed and the means of identifying `good' regulation are outlined. Individual chapters look at such topics as self-regulation, the regulation of risks, the cost-benefit testing of regulation, the importance of enforcement, and the challenge of regulating within Europe. The book's second part considers a series of issues of particular concern in modern utilities regulation, including the use of RPI-X price caps, the control of service quality, franchising techniques and ways of measuring regulatory performance. Questions of accountability and procedure are then examined and recent public debates on regulatory reform are reviewed. A central argument of Understanding Regulation is that regulation inevitably gives rise to political contention but that persons of different political persuasion can nevertheless converse sensibly on the search for better regulation.

Genres: Law

690 pages, Paperback

First published January 1, 1999

Reviews

[Truls Ljungström]

En översikt av problem som uppstår vid kontroll och uppföljning av bolag och andra finansiella institutioner. Boken är bred, torr som aska, och väldigt läsvärd om man har ett intresse av samhällsfrågor. Anslaget är i huvudsak teoretiskt, med praktiska exempel som understöd snarare än redovisade dataset. Detta sagt ökar detta vägval läsbarheten, vilket är en vinst.

[Ahmad]

a must read for anyone interested in regulation.i did like the first part in the book which is about regulation in general more than its case study.

[Melanie]

Very useful and well structured book on regulation.

[Gerry]

This an a comprehensive overview on a subject t which has grown immensely sin e the 1970's

[Norah Alohali]

Part of LSE course.

[Linus Chu]

This is a very useful book for anyone who wants to learn about the complexities and intricacies of regulation.

[Fororegulatorio]

Este libro representa la mejor forma de introducirse en el mundo de la regulación. A través de una perspectiva interdisciplinaria, el libro expone los ejes centrales de todo proceso regulatorio -crear reglas, hacerlas cumplir, y monitorear su funcionamiento-, así como las diferentes escuelas o tendencias regulatorias en EEUU, Reino Unido, Australia y Europa. Todo ello desde una mirada tanto introductoria como crítica. De esta forma, el libro presenta la regulación como una disciplina independiente en las ciencias sociales, la cual tiene aplicación práctica en el ámbito financiero, medioambiental y social, entre otros

[carlos rebellon]

Best book ever to teach or learn about regulation principles