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Regulation : Legal Form and Economic Theory - Anthony I. Ogus

Regulation

Legal Form and Economic Theory

Paperback Published: 15th October 2004
ISBN: 9781841135304
Number Of Pages: 355

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This is a reprint of Anthony Ogus' classic study of regulation, first published in the 1990s. It examines how, since the last decades of the twentieth century, there have been fundamental changes in the relationship between the state and industry. With the aid of economic theory Anthony Ogus critically examines the ways in which public law has been adapted to the task of regulating industrial activity and provides a systematic overview of the theory and forms of social and economic regulation. In particular, he explores the reasons why governments regulate, for which, broadly speaking, two theoretical frameworks exist. First, "public interest" theories determine that regulation should aim to improve social and economic welfare. Second, "economic" theories suggest that regulation should aim to satisfy the demands of private interests. The book also looks at the evolution of the forms of regulation in Britain, extending to the policies of privatization and deregulation which were so characteristic of the period. The author skillfully evaluates the advantages and disadvantages of the different forms of regulation, particularly in the light of the two theoretical frameworks, but also by involving an analysis of how firms respond to the various kinds of incentives and controls offered by government. A significant feature of the book is its analysis of the choices made by governments between the different forms of regulation and the influence exerted by interest groups (including bureaucrats) and EC law.

Table of United Kingdom Statutes
Table of Statutory Instruments
Table of European Legislation and Treaties
Table of United Kingdom Cases
Table of Cases from Other Jurisdictions
Introductionp. 1
The Context of Regulation: The Market and Private Lawp. 15
Public Interest Grounds for Regulationp. 29
Regulation and the Pursuit of Private Interestp. 55
Use of the Criminal Lawp. 79
Institutions and Accountabilityp. 99
Information Regulationp. 121
Standards: Generalp. 150
Standards: Specific Regulatory Regimesp. 180
Prior Approvalp. 214
Economic Instrumentsp. 245
Private Regulationp. 257
Public Ownershipp. 265
Price Controlsp. 295
Public Franchise Allocationp. 318
The Future of Regulationp. 337
Index of Namesp. 343
Subject Indexp. 350
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9781841135304
ISBN-10: 1841135305
Audience: General
Format: Paperback
Language: English
Number Of Pages: 355
Published: 15th October 2004
Publisher: Bloomsbury Publishing
Country of Publication: GB
Dimensions (cm): 23.39 x 15.6  x 2.01
Weight (kg): 0.54
Edition Number: 1