Law and Energy Market Regulation …

Regulation is often casually conceived of as functioning like a binary on/off switch: as if an area, issue, or industry … is either regulated or not. While this binary model of regulation can be useful, it also decontextualizes regulatory … past and future decisions. As an alternative, we present a timeline approach to regulation. The timeline approach is …

solely on substantive prohibitions and adversarial enforcement, regulation should centre on designing processes and systems … traditional regulation is in fact a shift away from regulation and public action to an era of devolution and deregulation; the …

make new regulations more economically efficient. First, before designing a regulation, regulators should define the … problem the regulation is supposed to address, which should include determining whether a widespread and systemic problem …