Description
Book SynopsisThis comprehensive volume provides a state-of-the-art overview of regulatory economics and reviews the main theories, tools, and domains of regulation.
The book is divided into six parts: regulation in general; tools of regulation; social regulation; regulation of public utilities; regulation of non-natural-monopolies, and regulation of professions. Regulation and Economics begins with a valuable introductory chapter on the law and economics of regulation followed by 17 concise chapters on specific subjects in regulation including highly topical matters such as regulation of banking, finance and insurance; energy markets and telecommunications; and environmental and risk regulation.
Providing an overview of the most important insights in regulatory economics and providing a useful access point to the more specialized literature in this area, this unique book will particularly benefit students of law and economics, as well as academics and government officials of regulatory agencies.
Contributors: A. Arcuri, D. Black, K.J. Cseres, P.M. Danzon, A. de Hauteclocque, J. den Hertog, M.G. Faure, C. Gibson, D. Heremans, W. Jacobs, B. Kuipers, J.H. Love, C. McKean, B. Moselle, J.S. Netz, R.N. Olsen, A.M. Pacces, Y. Perez, N.J. Philipsen, H. Piffaut, D. Porrini, A. Renda, N. Rickman, P.H. Rubin, F.H. Stephen, R.J. Van den Bergh, M. White
Trade Review'This book of essays on the economics of regulation is comprehensive and authoritative, and is particularly noteworthy for its emphasis on European as well as American regulatory methods. The international perspective is important because of the long history of regulatory failures on both continents, the increasing integration of the economies of both continents, and the resulting need of both regulatory cultures to learn from each other.' --Richard A. Posner, Judge, United States Court of Appeals for the Seventh Circuit and University of Chicago Law School, US
'Law students as well as students of economics and policy makers within government departments - indeed anyone concerned with the genesis and implementation of regulatory environments will find this book of exemplary special interest.'
--Phillip Taylor MBE and Elizabeth Taylor, The Barrister Magazine
Table of ContentsContents: An Introduction to the Law and Economics of Regulation Alessio M. Pacces and Roger J. Van den Bergh PART I: REGULATION IN GENERAL 1. Economic Theories of Regulation Johan den Hertog PART II: REGULATORY TOOLS 2. Price Regulation: Theory and Performance Janet S. Netz 3. Regulation of Information and Advertising Paul H. Rubin PART III: SOCIAL REGULATION 4. Consumer Protection in the European Union Katalin J. Cseres 5. Environmental Regulation Michael G. Faure 6. Risk Regulation Alessandra Arcuri PART IV: REGULATION OF PUBLIC UTILITIES 7. Telecommunications Regulation Andrea Renda 8. Electricity Regulation Adrien de Hauteclocque and Yannick Perez 9. Regulation of the Natural Gas Industry Boaz Moselle, David Black, Martin White and Henri Piffaut 10. Regulation of Water and Wastewater Colm Gibson, Cameron McKean and Henri Piffaut 11. Regulation of the Global Transport Industry: An Institutional Account Wouter Jacobs and Bart Kuipers PART V: REGULATION OF NON-NATURAL MONOPOLIES 12. Insurance Regulation Donatella Porrini 13. Regulation of Banking and Financial Markets Dirk Heremans and Alessio M. Pacces 14. Regulation of the Biopharmaceutical Industry Patricia M. Danzon PART VI: REGULATION OF PROFESSIONS 15. Regulation of the Legal Profession Frank H. Stephen, James H. Love and Neil Rickman 16. Regulation of Medical Professions Reed Neil Olsen 17. Regulation of Accountants Niels J. Philipsen Index
