Forward-looking information is taking on an increasingly important role in firms’ decision-making processes, in communicating with stakeholders and in improving market information. Its relevance is also increased due to recent structural breaks, namely the Covid-19 pandemic and the Ukrainian...

We analyze the conditions under which a legal intervention can be compared to a regulatory framework in the context of a political economy model of environmental policy. The first part of the paper describes the characteristics of the different instruments we want to compare: first, an...

We analyze the conditions under which a legal intervention can be compared to a regulatory framework in the context of a political economy model of environmental policy. The first part of the paper describes the characteristics of the different instruments we want to compare: first, an...

Despite a culture of innovation, the U.S. health care system has been markedly deficient in its implementation of information technology (IT). Although recent initiatives have endeavored to remedy this shortcoming, fragmentation, high costs, information asymmetries, and evolving regulatory...

US law has remarkably little to say about mass surveillance in public, a failure which has allowed the surveillance to grow at an alarming rate -- a rate that is only set to increase. This article proposes 'Privacy Impact Notices' (PINS) -- modeled on Environmental Impact Statements -- as an...

This paper explores the dynamics of transparency. It asks why some government-created systems of disclosure improve over time while others stagnate or degenerate into costly paperwork exercises. Transparency policies inevitably begin as unlikely compromises. Though transparency is universally...

The Enron scandal has raised questions regarding the adequacy of the present system of financial disclosure. At the same time, public policies increasingly use information disclosure as a regulatory device in a variety of areas beyond financial reporting. This paper provides a framework for...

For the past century, electric utilities and grid operators have both owned and operated resources to maintain the reliability of the grid. This reliability has been controlled through investments in generation, transmission, and distribution assets. Today, a growing number of previously passive...

In response to growing concerns about the impact of shale gas development, Pennsylvania’s Act 13 of 2012 established an unconventional gas well fee and required the state’s Department of Environmental Protection (DEP) to report on the number of such wells. In this article, we analyze the...

Over the past several years, labeling schemes that focus on a wide range of environmental and social metrics have proliferated. Although little empirical evidence has been generated with respect to carbon footprint labels, much can be learned from our experience with similar product labels. We...