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A deterrence-based approach to corruption based on rationality emphasizes the role of adequate sanctions and controls to prevent corruption. This traditional approach is questioned by the cognitive sciences which describe real people whose decision are affected by bias, heuristics and the choice...
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The objective of this paper is to introduce the main tools used to manage the flow and the stock of regulation with special attention to those based on economic analysis, their advantages and weak points, the consequences of their use in public sector organization, procedures and, in general, in...
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This chapter establishes how the regulatory process should change in order to bring out and use evidence from cognitive sciences. It further discusses the impact of cognitive sciences on the regulatory toolkit, positing that, on the one hand, traditional tools should be rethought about; and, on...
Persistent link: https://www.econbiz.de/10014145250
This Chapter will explore the question of how best to increase the effectiveness of advocacy activities in order to improve competition friendly regulation. In this framework, three tools are compared: the use of competition concepts in rule-making, i.e. hybridisation, traditional advocacy...
Persistent link: https://www.econbiz.de/10014147678
The paper explores the impact of cognitive insights on the regulatory process and toolkit. Findings from cognitive sciences are a turning point for rule-making theory and practice, anytime a "behavioural element" is present. Evidence on how people decide and make choices may indeed enable better...
Persistent link: https://www.econbiz.de/10014149653
The paper shows that the ex post criminal approach to corruption should be enriched by ex ante measure, based on two pillars. On one hand, Better Regulation regulation tools, such as open consultation, transparency of the decision-making and an in-depth justification of the final decision and...
Persistent link: https://www.econbiz.de/10014102914
Consultation is crucial in all life-cycles of law and regulation. It potentially generates two positive outcomes. The first one is related to the widely recognized improvements in law and regulation, due to the enrichment of data and end-users positions collected. The second is that consultation...
Persistent link: https://www.econbiz.de/10014355891