An Introduction to Law and Regulation
Text and Materials

This book critically discusses key concepts, theories, methods, and instruments of regulation through selected interdisciplinary texts, materials, and accessible commentary.

Karen Yeung (Author), Sofia Ranchordás (Author)

9781009379038, Cambridge University Press

Paperback / softback, published 28 November 2024

454 pages
24.3 x 16.9 x 2.5 cm, 0.77 kg

'Eagerly awaited, this second edition immerses readers in a regulatory landscape that has evolved significantly since the first edition. The authors employ a clever formula: they present each topic, support it with extracts from a diverse and impressive interdisciplinary body of scholarship, and then invite readers to engage with thought-provoking questions. This approach not only satisfies the intellectual curiosity of those eager to learn, but also makes complex ideas accessible, lowering disciplinary and methodological barriers. An essential read and a vital resource for both teachers and students alike!' Claudio M. Radaelli, Professor of Public Policy, European University Institute and University College London

Contemporary life relies on regulation. The quality and safety of the water we drink, the food we eat, and the social media applications we use are all governed by multiple regulatory regimes. Although rooted in law, regulation is a multidisciplinary endeavour. Debates about regulation, particularly in the face of rapid change and the emergence of new 'risks', are now commonplace. Despite extensive scholarship, regulation is often poorly understood, even by policy-makers, with unintended and even disastrous consequences. This book offers a critical introduction to core theories, concepts, methods, tools, and techniques of regulation, including regulatory policy, instruments, enforcement, compliance, accountability and legitimacy. Weaving extracts from texts drawn from many disciplines with accessible commentary, it introduces this important field to students, scholars, and practitioners in a scholarly yet accessible and engaging manner with discussion questions and additional readings for those seeking to deepen their knowledge.

Introduction
Part I. Foundations: 1. Introduction to Economics of Regulation
2. The Rise of Risk in Regulatory Governance
3. Technological Innovation
Part II. Design, Dynamics and Implementation: 4. Theories of Regulation
5. Regulatory Policy
6. Regulatory Modalities
7. Hybrid Instruments and Experimental Regulations
8. Regulatory Rules
9. Regulatory Compliance, Public Enforcement and Certification
10. Private Enforcement and Redress
Part III. Evaluation: 11. Regulatory Legitimacy
12. Regulatory Accountability
Conclusion.

Subject Areas: Company, commercial & competition law [LNC]