Rescuing Regulation
State University of New York Press (Verlag)
978-0-7914-6883-8 (ISBN)
The traditional debate on governmental regulation has run its course, with economically minded analysts pointing to regulation's inefficiency while those focused on justice purposefully avoid the economic paradigm to defend regulation's role in protecting consumers, workers, and society's disadvantaged. In Rescuing Regulation, Reza R. Dibadj challenges both camps. He squarely addresses the shortcomings of the conventional economic critique that portrays regulation as a waste, and also confronts those focused on justice to marshal economic arguments for public intervention against social inequities and abusive market behavior. Providing novel answers to the questions of why and how to regulate, Dibadj contends that the law and economics paradigm must not remain an apologist for laissez-faire public policy. He also demonstrates how incorporating the latest economics and revamping institutions can help improve our public agencies. Rescuing Regulation not only suggests ways to develop public institutions reflective of a democracy, but also broadly outlines how social science can inform normative legal discourse.
Reza R. Dibadj is Associate Professor of Law at the University of San Francisco.
Preface
Acknowledgments
Part I. Conventional Polarities
1. Traditional Perspectives
Definitions and History
Justifications for Regulation
2. Lambasting Regulation
Foundations of the Critique
Progeny
1. Chicago school
2. Contestability theory
3. Public choice
3. Where Is Society Left?
Direct effects: Industry Consolidation and Scandal
Indirect effects: Economic insecurity and the Retreat of "Publicness"
Part II. The Economic Case for Regulation
4. Beyond Flawed Assumptions . . .
Unraveling the Chicago school
1. Worshipping efficiency
2. Downplaying transaction costs
3. Ignoring behavioral biases
4. Preordaining initial entitlements
5. Normativity as science?
Rethinking Contractarianism
1. Some inconsistencies
2. Exalting the private
5. . . . Toward New Research
Post-Chicago Law and Economics
Core Theory
Behavioral Economics
Special Problems of New-Economy Industries
Some Commonalities
Part III. A Path Forward
6. Substantive Reform
Social Regulation: Rescuing Cost/Benefit Analysis
Economic Regulation: Gaining Access to Bottlenecks
Reachieving Publicness
1. Basic principles
2. Reforming the regulation of public corporations
7. Institutional Changes
Limited Agencies
Some Objections
1. Aren't government actors biased?
2. Why not courts as frontline arbiters?
3. Isn't this giving up on participatory democracy?
Afterword
Notes
Bibliography
Index
Erscheint lt. Verlag | 5.10.2006 |
---|---|
Zusatzinfo | Total Illustrations: 0 |
Verlagsort | Albany, NY |
Sprache | englisch |
Maße | 152 x 229 mm |
Gewicht | 454 g |
Themenwelt | Recht / Steuern ► EU / Internationales Recht |
Recht / Steuern ► Wirtschaftsrecht ► Handelsrecht | |
ISBN-10 | 0-7914-6883-6 / 0791468836 |
ISBN-13 | 978-0-7914-6883-8 / 9780791468838 |
Zustand | Neuware |
Haben Sie eine Frage zum Produkt? |
aus dem Bereich