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Regulation - Legal Form and Economic Theory (Paperback)
Loot Price: R1,658
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Regulation - Legal Form and Economic Theory (Paperback)
Series: Clarendon Law Series
Expected to ship within 12 - 17 working days
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Since 1980 there have been fundamental changes in the relationship
between the state and industry. With the aid of economic theory,
the atuhor critically examines the ways in which public law has
been adapted to this task. The book provides a systematic overview
of the theory and forms of social and economic regulation. In
particular, it explores: (a) why governments regulate, for which,
broadly speaking two theoretical frameworks exist - 'public
interest' theories (regulation aims to improve social and economic
welfare) and 'economic' theories (regulation aims to satisfy the
demands of private interests); (b) the evolution of different forms
of regulation in Britain, extending to the current policies of
privatisation and deregulation; (c) the advantages and
disadvantages of the different forms of regulation, evlauted in the
ligh of the two theoretical frameworks and involving an analysis of
how firms respond to the various kinds of incentives and controls;
(d) how choices between the different forms of regulation are made
by governments and the influence exerted by interest groups
(including bureaucrats) and EC law. This book is intended for this
is an original and scholarly synth
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