The Scales of Weighing Regulatory Costs - Jamison E. Colburn

The Scales of Weighing Regulatory Costs

Technology, Geography, and Time
Buch | Hardcover
224 Seiten
2018
Edward Elgar Publishing Ltd (Verlag)
978-1-78811-349-6 (ISBN)
109,95 inkl. MwSt
This book examines the calculation and evaluation of regulatory costs by regulators in accordance with a legislative mandate. A serious limitation in that enterprise, the possibility of technological change and innovation, often compromises those efforts and has long been under-appreciated in standard 'cost-benefit analysis.' Regulators who study the inducement of innovation and the avoidance of regulatory costs by the regulated often find significant cost-saving opportunities, leading to more stringent and more effective risk governance. Ultimately, the weighing of costs in this more elaborate model is more than simple welfare maximization. It views regulatory costs as important to society for a range of reasons, some grounded in fairness and some in deliberative process values, as a society seeks to minimize all costs over time.

This analysis places the weighing of regulatory costs in context by comparing cost calculation methods and evaluative tools in three illuminating case studies. It assesses cost-factoring methods under different normative frameworks and highlights the role of technological innovation in cost minimization over time while considering regulatory costs that result from multiple regulatory tool choices. A single regulatory cost investigation is tracked from agency to legislative back to agency choice, outlining the steps to consensus-oriented cost factoring methods.

Academic and professional lawyers in fields like environmental protection, food and drug safety, and workplace safety will find this an invaluable resource, as will researchers in disciplines dealing with judicial choice from economic or political theoretical frameworks and regulatory agencies charged with regulating risks.

Jamison E. Colburn, Pennsylvania State University, US

Contents: The Meanings of Regulatory Costs 2. The Ambiguities of Social Cost Accounting 3. The Economics of Technological Change and Growth 4. Auto Emissions, Compliance Costs, and Technological Change, 1970-2017 5. The Costs of Generality: Cooling Water Withdrawals in Retrospect 6. Freight Rail's Productivity Puzzle: Offsetting Regulatory Costs Conclusion Index

Erscheinungsdatum
Reihe/Serie Elgar Studies in Law and Regulation
Verlagsort Cheltenham
Sprache englisch
Maße 156 x 234 mm
Themenwelt Recht / Steuern EU / Internationales Recht
Recht / Steuern Öffentliches Recht Umweltrecht
ISBN-10 1-78811-349-7 / 1788113497
ISBN-13 978-1-78811-349-6 / 9781788113496
Zustand Neuware
Haben Sie eine Frage zum Produkt?
Mehr entdecken
aus dem Bereich
Tierschutzgesetz

von Almuth Hirt; Christoph Maisack; Johanna Moritz

Buch | Hardcover (2023)
Verlag Franz Vahlen
129,00
wichtige Gesetze und Verordnungen zum Schutz von Umwelt und Klima
Buch | Softcover (2024)
dtv Verlagsgesellschaft
21,90