Regulatory impact assessment

Claudio M. Radaelli, Fabrizio De Francesco

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Abstract

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.
Original languageEnglish
Title of host publicationThe oxford handbook of regulation
EditorsRobert Baldwin, Martin Cave, Martin Lodge
Place of PublicationOxford
PublisherOxford University Press
Pages279-301
Number of pages23
ISBN (Print)9780199560219
Publication statusPublished - 9 Sep 2010

Publication series

NameOxford Handbooks in Business and Management
PublisherOUP

Keywords

  • regulatory
  • impact assessment
  • regulation
  • trends in regulation
  • regulation developments
  • central issues in regulation
  • regulated professionals
  • political science

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  • Cite this

    Radaelli, C. M., & De Francesco, F. (2010). Regulatory impact assessment. In R. Baldwin, M. Cave, & M. Lodge (Eds.), The oxford handbook of regulation (pp. 279-301). (Oxford Handbooks in Business and Management ). Oxford: Oxford University Press.