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Institutions and Incentives in Regulatory Science (Hardcover)
Loot Price: R2,550
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Institutions and Incentives in Regulatory Science (Hardcover)
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Institutions and Incentives in Regulatory Science explores
fundamental problems with regulatory science in the environmental
and natural resource law field. Each chapter covers a variety of
natural resource and regulatory areas, ranging from climate change
to endangered species protection and traditional health-based
environmental regulation. Regulatory laws and institutions
themselves strongly influence the direction of scientific research
by creating a system of rewards and penalties for science. As a
consequence, regulatory laws or institutions that are designed
naively end up incentivizing scientists to generate and then
publish only those results that further the substantive regulatory
goals preferred by the scientists. By relying so heavily on science
to dictate policy, regulatory laws and institutions encourage
scientists to use their assessment of the state of the science to
further their own preferred scientific and regulatory policy
agendas. Additionally, many environmental and natural resource
regulatory agencies have been instructed by legislatures to rely
heavily upon science in their rulemaking. In areas of rapidly
evolving science, regulatory agencies are inevitably looking for
scientific consensus prematurely, before the scientific process has
worked through competing hypotheses and evidence. The contributors
in this volume address how institutions for regulatory science
should be designed in light of the inevitable misfit between the
political or legal demand for regulatory action and the actual
state of evolving scientific knowledge.
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