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. The fundamental strategies, institutions, and explanations of regulation are reviewed and the means of identifying 'good' regulation are outlined.
Bibliography, etc. Note
Includes bibliographical references (p. [337]-357) and index.
Formatted Contents Note
1. Introduction Part I: Fundamentals 2. Why Regulate? 3. Explaining Regulation 4. Regulatory Strategies 5. Who Regulates? Institutions and Structures 6. What is 'Good' Regulation? 7. The Cost-Benefit Testing of Regulation 8. Enforcing Regulation 9. Setting Standards 10. Self-Regulation 11. Regulating Risks 12. Regulation in the European Context 13. Regulatory Competition and Co-ordination 14. British Utilities Regulation: the Basic Structure Part II: Particular Concerns 15. Price Setting in Natural Monopolies 16. Regulation versus Competition 17. Price Capping Mechanisms 18. Measuring Efficiency: benchmarking and Yardsticking and Performance 19. Regulating Quality 20. Franchising and its Limitations 21. Accountability 22. Procedures and Fairness 23. Conclusions Select Bibliography Index.