Understanding Regulation: Theory, Strategy, and Practice

Author:   Robert Baldwin (Professor of Law, the London School of Economics and Political Science) ,  Martin Cave (, Visiting Professor, Imperial College Business School) ,  Martin Lodge (Reader in Political Science and Public Policy, the London School of Economics and Political Science)
Publisher:   Oxford University Press
Edition:   2nd Revised edition
ISBN:  

9780199576081


Pages:   564
Publication Date:   27 October 2011
Format:   Hardback
Availability:   To order   Availability explained
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Understanding Regulation: Theory, Strategy, and Practice


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Overview

Regulation is a key concern of industries, consumers, citizens, and governments alike. Building on the success of the first edition, Understanding Regulation, Second Edition provides the reader with an introduction to key debates and discussions in the field of regulation from a number of disciplinary perspectives, looking towards law, conomics, business, political science, sociology, and social administration. The book has been extensively revised and updated to take into account the significant developments and events of the past decade. Containing several new chapters, it has been completely restructured into seven parts, covering: the fundamental issues regarding regulation; different types of regulatory strategies; rules and enforcement; quality and evaluation; regulation at different levels of government; network issues; and concluding thoughts. Drawing on cross-sectoral and cross-national examples, this book reviews the central questions of regulation, and reflects upon those contentious issues that affect the design and operation of regulatory institutions. Amongst other topics, it discusses 'better regulation', enforcement, self-regulation, risk regulation, cost-benefit analysis, and more utility regulation-oriented topics, such as price-setting. It will be an essential resource for academics, researchers, and graduates across the social sciences studying regulation.

Full Product Details

Author:   Robert Baldwin (Professor of Law, the London School of Economics and Political Science) ,  Martin Cave (, Visiting Professor, Imperial College Business School) ,  Martin Lodge (Reader in Political Science and Public Policy, the London School of Economics and Political Science)
Publisher:   Oxford University Press
Imprint:   Oxford University Press
Edition:   2nd Revised edition
Dimensions:   Width: 16.50cm , Height: 3.60cm , Length: 24.20cm
Weight:   0.991kg
ISBN:  

9780199576081


ISBN 10:   0199576084
Pages:   564
Publication Date:   27 October 2011
Audience:   College/higher education ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

1: Introduction Part I: Fundamentals 2: Why Regulate? 3: What is 'Good' Regulation? 4: Explaining Regulation 5: Regulatory Failure 6: Regulating Risks Part II: Strategies 7: Regulatory Strategies 8: Self-regulation, Meta Regulation, and Regulatory Mixes 9: Franchising 10: Emissions Trading Part III: Rules and Enforcement 11: Enforcing Regulation 12: Responsive Regulation 13: Risk Based Regulation 14: Standards and Principles Part IV: Quality and Evaluation 15: Cost-Benefit Analysis and Regulatory Impact Assessment 16: Accountability, Procedures, and Fairness 17: Regulatory Competition and Coordination Part V: Regulation at Different Levels of Government 18: Multi-Level Regulation 19: Regulation and the European Union 20: Regulation and Development 21: Global and International Regulation Part VI: Network Issues 22: Regulating Prices in Natural Monopolies 23: Using Competition in Network Industries 24: Contestability and Separation in Network Industries 25: Implementing Price Controls 26: Efficiency and Innovation in Network Industries Part VII: Conclusions 27: Conclusions

Reviews

`Review from previous edition It is an excellently constructed work, and provides much food for thought for the times in which we live.' New Law Journal `The book is well researched and written with enough conviction to make a valuable contribution in developing our understanding of the choices regulation presents us with and the potential of new regulatory arrangements going forward.' Matthew Berry, Financial Adviser Careers Extra `Some of the material is very useful and not easily available in textbook form elsewhere ... a good way of catching up on the reforms in a variety of policy sectors and thinking in different disciplines.' Public Administration


Review from previous edition It is an excellently constructed work, and provides much food for thought for the times in which we live. New Law Journal The book is well researched and written with enough conviction to make a valuable contribution in developing our understanding of the choices regulation presents us with and the potential of new regulatory arrangements going forward. Matthew Berry, Financial Adviser Careers Extra Some of the material is very useful and not easily available in textbook form elsewhere ... a good way of catching up on the reforms in a variety of policy sectors and thinking in different disciplines. Public Administration


Author Information

Robert Baldwin is a Professor of Law at the LSE where he teaches Regulation and Criminal Law at undergraduate and graduate levels. He has published widely on regulation and has broad consultancy experience in regulation. His previous books include The Government of Risk (Oxford University Press, 2001 with Christopher Hood and Henry Rothstein). He is the Director of the LSE Short Course on Regulation. Martin Cave is a Visiting Professor at the Imperial College Business School. He was a member of the U.K. Competition Commission from 1996-2002. He has authored numerous works on economic regulation, and has very extensive experience of advising regulatory agencies such as Ofcom, OFWAT, the Office of Fair Trading, international institutions such as the European Commission and the OECD, and governments in several countries. Martin Lodge is Reader in Political Science and Public Policy at the LSE. His research and teaching interests are in the comparative study of Executive Government and Regulation.

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