When regulations (or lack thereof) seem to detract from the common
good, critics often point to regulatory capture as a culprit. In
some academic and policy circles it seems to have assumed the
status of an immutable law. Yet for all the ink spilled describing
and decrying capture, the concept remains difficult to nail down in
practice. Is capture truly as powerful and unpreventable as the
informed consensus seems to suggest? This edited volume brings
together seventeen scholars from across the social sciences to
address this question. Their work shows that capture is often
misdiagnosed and may in fact be preventable and manageable.
Focusing on the goal of prevention, the volume advances a more
rigorous and empirical standard for diagnosing and measuring
capture, paving the way for new lines of academic inquiry and more
precise and nuanced reform.
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