TY - CHAP
T1 - Regulatory impact assessment
AU - Radaelli, Claudio M.
AU - De Francesco, Fabrizio
PY - 2010/9/9
Y1 - 2010/9/9
N2 - This chapter brings theories and conceptual frameworks to bear on the analysis of regulatory impact analysis (RIA). First, we introduce the reader to the different notions and debates on the two sides of the Atlantic. We then provide the theoretical justifications of RIA, contrasting principal-agent explanations with pluralist and civic-republican rationales, and exploring the key issue of rationality in rulemaking. Turning to evidence, we discuss empirical papers and more conceptual studies carried out recently, and make some critical remarks. Finally, we suggest how research on RIA can be usefully organised, covering the economic, administrative, and political consequences of regulatory oversight.
AB - This chapter brings theories and conceptual frameworks to bear on the analysis of regulatory impact analysis (RIA). First, we introduce the reader to the different notions and debates on the two sides of the Atlantic. We then provide the theoretical justifications of RIA, contrasting principal-agent explanations with pluralist and civic-republican rationales, and exploring the key issue of rationality in rulemaking. Turning to evidence, we discuss empirical papers and more conceptual studies carried out recently, and make some critical remarks. Finally, we suggest how research on RIA can be usefully organised, covering the economic, administrative, and political consequences of regulatory oversight.
KW - regulatory
KW - impact assessment
KW - regulation
KW - trends in regulation
KW - regulation developments
KW - central issues in regulation
KW - regulated professionals
KW - political science
UR - http://ukcatalogue.oup.com/product/9780199560219.do
M3 - Chapter (peer-reviewed)
SN - 9780199560219
T3 - Oxford Handbooks in Business and Management
SP - 279
EP - 301
BT - The oxford handbook of regulation
A2 - Baldwin, Robert
A2 - Cave, Martin
A2 - Lodge, Martin
PB - Oxford University Press
CY - Oxford
ER -