Regulation : legal form and economic theory
Author(s)
Bibliographic Information
Regulation : legal form and economic theory
（Clarendon law series）
Clarendon Press , Oxford University Press, c1994
- : hbk
- : pbk
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Note
Includes bibliographical references and indexes
Description and Table of Contents
Description
Since 1980, there have been fundamental changes in the relationship between the state and industry. With the aid of economic theory, the author critically examines the ways in which public law has been adapted to this task. The book provides a systematic overview of the theory and forms of social and economic regulation. In particular, it explores: Why governments regulate, for which two theoretical frameworks exist - "public interest" theories (regulation aims to improve social and economic welfare) and "economic" theories (regulation aims to satisfy the demands of private interest).
Table of Contents
The evolution of different forms of regulation in Britain, extending to the current policies of privatization and deregulation. The advantages and disadvantages of the different forms of regulation, evaluated in the light of the two theoretical frameworks and involving an analysis of how firms respond to the various kinds of incentives and controls. How choices between the different forms of reguation are made by governments and the influence exterted by interest groups (including bureaucrats) and EC law.
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