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This Book Transcends Current Debate On Government Regulation By Lucidly Outlining How Regulations Can Be A Fruitful Combination Of Persuasion And Sanctions. The Regulation Of Business By The United States Government Is Often Ineffective Despite Being More Adversarial In Tone Than In Other Nations. The Authors Draw On Both Empirical Studies Of Regulation From Around The World And Modern Game Theory To Illustrate Innovative Solutions To This Problem. Their Ideas Include An Argument For The Empowerment Of Private And Public Interest Groups In The Regulatory Process And A Provocative Discussion Of How The Government Can Support And Encourage Industry Self-regulation.
This book investigates the core question of how government regulation can move beyond the binary choice of strict enforcement versus total deregulation to achieve more effective compliance. The authors, Ian Ayres and John Braithwaite, utilize their extensive backgrounds in law and sociology to synthesize empirical regulatory data with modern game theory. They argue for a responsive regulatory framework that balances persuasion with targeted sanctions, proposing that government intervention should be dynamic and contingent on the behavior of the regulated entities.
What You Will Find
Experts frequently cite this work as a foundational text in the field of regulatory theory and administrative law. Readers often note the academic density of the prose, which provides a rigorous analytical structure for understanding complex policy interactions.
Page Count:
216
Publication Date:
1992-01-01
Publisher:
Oxford University Press, Incorporated
ISBN-10:
0195361296
ISBN-13:
9780195361292
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