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Has the United States suffered a regulatory breakdown? The answer to this question might appear to be an obvious “yes.” Over the past several years, the nation has suffered not only a sustained economic downturn triggered by a cataclysmic financial crisis but also one of the worst...
Persistent link: https://www.econbiz.de/10013096820
While holding great promise, nanotechnology also raises concerns about currently unknown health and environmental risks. The lack of information about these potential risks poses distinct challenges for regulators, who need a clear understanding about problems in order to solve them. Under such...
Persistent link: https://www.econbiz.de/10014173090
For too long, environmental policymaking has relied on trial and error, without adequate or systematic learning from either the trials or the errors. Systematic program evaluation research has been remarkably scarce relative to the overall number of environmental policies adopted in the United...
Persistent link: https://www.econbiz.de/10014028659
For nearly a decade, the United States Environmental Protection Agency (“EPA”) considered its National Environmental Performance Track to be its “flagship” voluntary program — even a model for transforming the conventional system of environmental regulation. Since Performance Track's...
Persistent link: https://www.econbiz.de/10013055004
In this thoughtful and intricate cross-disciplinary debate, Professors Eric W. Orts, of Penn's Wharton School, and Cary Coglianese, of Penn's Law School, discuss the benefits and disadvantages of collaborative public policy decision making in the environmental context. It is no exaggeration to...
Persistent link: https://www.econbiz.de/10014047912
Law plays a central role in the management of risk in society. The rules adopted by regulatory agencies now affect nearly every facet of the economy, and as such regulation has motivated a substantial body of academic research. Law and economics research on regulation has, first, demonstrated...
Persistent link: https://www.econbiz.de/10012839729
Administrative law scholars and governmental reformers argue that advances in information technology will greatly expand public participation in regulatory policymaking. They claim that e-rulemaking, or the application of new technology to administrative rulemaking, promises to transform a...
Persistent link: https://www.econbiz.de/10014057284
Persistent link: https://www.econbiz.de/10012847402
The Volkswagen diesel emissions scandal of 2015 not only pushed that company’s stock and retail sales into freefall, but also raised serious questions about the efficacy of existing regulatory controls. The same furtive actions taken by Volkswagen had been taken nearly twenty years earlier by...
Persistent link: https://www.econbiz.de/10014034575
Regulatory policy has long been a source of controversy, eliciting criticism and calls for reform from virtually all quarters. In recent years, reform proposals have typically sought to restructure the institutional environment of regulatory policymaking by changing administrative law and...
Persistent link: https://www.econbiz.de/10014110344