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State of the art' interdisciplinary study of regulation in an international context Each chapter provides a broad overview of key current issues and perspectives from a leading expert Particular focus on the issues of the application of specific regulatory approaches in different contexts Regulation is often thought of as an activity that restricts behaviour and prevents the occurrence of certain undesirable activities, but the influence of regulation can also be enabling or facilitative, as when a market could potentially be chaotic if uncontrolled. This Handbook provides a clear and authoritative discussion of the major trends and issues in regulation over the last thirty years, together with an outline of prospective developments. It brings together contributions from leading scholars from a range of disciplines and countries. Each chapter offers a broad overview of key current issues and provides an analysis of different perspectives on those issues. Experiences in different jurisdictions and insights from various disciplines are drawn upon, and particular attention is paid to the challenges that are encountered when specific approaches are applied in practice. Contributors develop their own distinctive arguments relating to the central issues in regulation and apply scholarly rigour and clear writing to matters of high policy-relevance. The essays are original, accessible, and agenda-setting, and the Handbook will be essential reading both to students and researchers and to with regulatory and regulated professionals. About The Author Robert Baldwin is a Professor of Law at the London School of Economics and Political Science. He has published extensively on regulation, has wide consultative experience in regulation and is the Director of the LSE Short Course on Regulation. Table Of Contents Part I: General Issues 1: Robert Baldwin, Martin Cave, and Martin Lodge: Regulation: The Field and the Developing Agenda 2: Cento Veljanovski: Economic Approaches to Regulation 3: Mike Feintuck: Regulatory Rationales Beyond the Economic: In Search of the Public Interest 4: Karen Yeung: The Regulatory State Part II : Processes and Strategies 5: Cento Veljanovski: Strategic Use of Regulation 6: Colin Scott: Standard-Setting in Regulatory Regimes 7: Neil Gunningham: Enforcement and Compliance Strategies 8: Cary Coglianese and Evan Mendelson: Meta-Regulation and Self-Regulation 9: Tanina Rostain: Self-Regulatory Authority, Markets, and the Ideology of Professionalism Part III: Contested Issues 10: David Driesen: Alternatives to Regulation? Market Mechanisms and the Environment 11: Jon Stern: The Evaluation of Regulatory Agencies 12: Rob Baldwin: Better Regulation: the Search and the Struggle 13: Claudio Radaelli and Fabrizio de Francesco: Regulatory Impact Assessment 14: Julia Black: The Role of Risk in Regulatory Processes 15: Martin Lodge and Lindsay Stirton: Accountability in the Regulatory State 16: Antonio Estache and Liam Wren-Lewis: On the Theory and Evidence on Regulation of Network Industries in Developing Countries 17: Mathias Koenig-Archibugi: Global Regulation Part IV: Regulatory Domains 18: Niamh Moloney: Financial Services and Markets 19: Janice Hauge and David Sappington: Pricing in Network Industries 20: Peter Alexiadis and Martin Cave: Regulation and Competition Law in Telecommunications and Other Network Industries 21: Jürgen Feick and Raymund Werle: Regulation of Cyberspace 22: Adrian Towse and Patricia Danzon: The Regulation of the Pharmaceutical Industry 23: Catherine Mitchell and Bridget Woodman: Regulation and Sustainable Energy Systems 24: Martin Lodge and Christopher Hood: Regulation Inside Government: Retro-Theory Vindicated or Outdated? Part V: Conclusion 25: Robert Baldwin, Martin Cave, and Martin Lodge: Conclusion: The Future of Regulation