Regulation And Economics

Author: Roger J. Van den Bergh; Alessio M. Pacces
Publisher: Edward Elgar Publishing
ISBN: 9781847203434
Published In: April 2012
Format: Hardback , 800 pages
Jurisdiction: International ? Disclaimer:
Countri(es) stated herein are used as reference only

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'This book of essays on the economics of regulation is comprehensive and authoritative, and is particularly noteworthy for its emphasis on European as well as American regulatory methods. The international perspective is important because of the long history of regulatory failures on both continents, the increasing integration of the economies of both continents, and the resulting need of both regulatory cultures to learn from each other.’
– Richard A. Posner, Judge, United States Court of Appeals for the Seventh Circuit and University of Chicago Law School, US

This comprehensive volume provides a state-of-the-art overview of regulatory economics and reviews the main theories, tools, and domains of regulation.

The book is divided into six parts: regulation in general; tools of regulation; social regulation; regulation of public utilities; regulation of non-natural-monopolies, and regulation of professions. Regulation and Economics begins with a valuable introductory chapter on the law and economics of regulation followed by 17 concise chapters on specific subjects in regulation including highly topical matters such as regulation of banking, finance and insurance; energy markets and telecommunications; and environmental and risk regulation.

Providing an overview of the most important insights in regulatory economics and providing a useful access point to the more specialized literature in this area, this unique book will particularly benefit students of law and economics, as well as academics and government officials of regulatory agencies.

An Introduction to the Law and Economics of Regulation
Alessio M. Pacces and Roger J. Van den Bergh

PART I: REGULATION IN GENERAL
1. Economic Theories of Regulation
Johan den Hertog

PART II: REGULATORY TOOLS
2. Price Regulation: Theory and Performance
Janet S. Netz

3. Regulation of Information and Advertising
Paul H. Rubin

PART III: SOCIAL REGULATION
4. Consumer Protection in the European Union
Katalin J. Cseres

5. Environmental Regulation
Michael G. Faure

6. Risk Regulation
Alessandra Arcuri

PART IV: REGULATION OF PUBLIC UTILITIES
7. Telecommunications Regulation
Andrea Renda

8. Electricity Regulation
Adrien de Hauteclocque and Yannick Perez

9. Regulation of the Natural Gas Industry
Boaz Moselle, David Black, Martin White and Henri Piffaut

10. Regulation of Water and Wastewater
Colm Gibson, Cameron McKean and Henri Piffaut

11. Regulation of the Global Transport Industry: An Institutional Account
Wouter Jacobs and Bart Kuipers

PART V: REGULATION OF NON-NATURAL MONOPOLIES
12. Insurance Regulation
Donatella Porrini

13. Regulation of Banking and Financial Markets
Dirk Heremans and Alessio M. Pacces

14. Regulation of the Biopharmaceutical Industry
Patricia M. Danzon

PART VI: REGULATION OF PROFESSIONS
15. Regulation of the Legal Profession
Frank H. Stephen, James H. Love and Neil Rickman

16. Regulation of Medical Professions
Reed Neil Olsen

17. Regulation of Accountants
Niels J. Philipsen

Index

Edited by Roger J. Van den Bergh, Professor of Law and Economics, Erasmus School of Law, Erasmus University Rotterdam, The Netherlands and Alessio M. Pacces, Professor of Law and Finance, Erasmus School of Law, Erasmus University Rotterdam, The Netherlands and Research Associate, European Corporate Governance Institute (ECGI)

Contributors: A. Arcuri, D. Black, K.J. Cseres, P.M. Danzon, A. de Hauteclocque, J. den Hertog, M.G. Faure, C. Gibson, D. Heremans, W. Jacobs, B. Kuipers, J.H. Love, C. McKean, B. Moselle, J.S. Netz, R.N. Olsen, A.M. Pacces, Y. Perez, N.J. Philipsen, H. Piffaut, D. Porrini, A. Renda, N. Rickman, P.H. Rubin, F.H. Stephen, R.J. Van den Bergh, M. White