We develop a model to discuss a government’s incentives to delegate to bureaucrats the regulation of an industry. The …-based regulation policy requires the government to make use of a bureaucracy; this has a bureaucratic cost, as the bureaucracy diverts … implications for when and how a government should delegate its regulation of industry. We find that bureaucratic discretion reduces …

This presents a case study of the impact of internal organization on economic regulation. The Office of Plans and …

We develop a model to discuss a government's incentives to delegate to bureaucrats the regulation of an industry. The …-based regulation policy requires the government to make use of a bureaucracy; this has a bureaucratic cost, as the bureaucracy diverts … implications for when and how a government should delegate its regulation of industry. We find that bureaucratic discretion reduces …

We develop a model to discuss a government's incentives to delegate to bureaucrats the regulation of an industry. The …-based regulation policy requires the government to make use of a bureaucracy; this has a bureaucratic cost, as the bureaucracy diverts … implications for when and how a government should delegate its regulation of industry. We find that bureaucratic discretion reduces …

towards smart systems. We argue that future regulation of smart grids needs to allow more flexibility. Firstly, the core of … of stakeholders makes “one-size-fits-all” regulation simply less suitable, whilst regulation needs to take account of … various interests. In this paper we discuss stakeholder involvement and make policy recommendations to render regulation of …

control for detecting and correcting errors to improve economy, efficiency and effectiveness while enhancing self-regulation … to minimize the dead weight cost of regulation and compliance.Other attractions of governance by a network of private … and effectiveness by replacing private sector competition for control through markets and regulation with internal …