Preventing Regulatory Capture (eBook, ePUB)

Special Interest Influence and How to Limit it
Redaktion: Carpenter, Daniel

• Format: ePub

Produktbeschreibung

When regulations (or lack thereof) seem to detract from the common good, critics often point to regulatory capture as a culprit. In some academic and policy circles it seems to have assumed the status of an immutable law. Yet for all the ink spilled describing and decrying capture, the concept remains difficult to nail down in practice. Is capture truly as powerful and unpreventable as the informed consensus seems to suggest? This edited volume brings together seventeen scholars from across the social sciences to address this question. Their work shows that capture is often misdiagnosed and may in fact be preventable and manageable. Focusing on the goal of prevention, the volume advances a more rigorous and empirical standard for diagnosing and measuring capture, paving the way for new lines of academic inquiry and more precise and nuanced reform.

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Produktdetails

• Verlag: Cambridge University Press
• Erscheinungstermin: 21. Oktober 2013
• Englisch
• ISBN-13: 9781107502437
• Artikelnr.: 40479820

Inhaltsangabe

Introduction Daniel Carpenter and David Moss; Part I. Failures of Capture
Scholarship: 1. A revisionist history of regulatory capture William Novak;
2. The concept of regulatory capture: a short, inglorious history Richard
Posner; 3. Detecting and measuring capture Daniel Carpenter; Part II. New
Conceptions of Capture - Mechanisms and Outcomes: 4. Cultural capture and
the financial crisis James Kwak; 5. Complexity, capacity, and capture Nolan
McCarty; 6. Preventing economists' capture Luigi Zingales; 7. Corrosive
capture? The dueling forces of autonomy and industry influence in FDA
pharmaceutical regulation Daniel Carpenter; Part III. Misdiagnosing Capture
and Case Studies of Regulatory Success: 8. Capturing history: the case of
the Federal Radio Commission in 1927 David Moss and Jonathan Lackow; 9.
Conditional forbearance as an alternative to capture: evidence from coal
mine safety regulation Sanford Gordon and Catherine Hafer; 10. Captured by
disaster? Reinterpreting regulatory behavior in the shadow of the Gulf oil
spill Christopher Carrigan; 11. Reconsidering agency capture during
regulatory policymaking Susan Webb Yackee; 12. Coalitions, autonomy, and
regulatory bargains in public health law Mariano-Florentino Cuéllar; Part
IV. The Possibility of Preventing Capture: 13. Preventing capture through
consumer empowerment programs: some evidence from insurance regulation
Daniel Schwarcz; 14. Courts and regulatory capture M. Elizabeth Magill; 15.
Can executive review help prevent capture? Richard Revesz and Michael
Livermore; Conclusion David Moss and Daniel Carpenter; Afterword Sheldon
Whitehouse and Jim Leach.