Preventing Regulatory Capture: Special Interest Influence and How to Limit it

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9781107646704: Preventing Regulatory Capture: Special Interest Influence and How to Limit it
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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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Book Description:

Recent crises in (de)regulated industries - most notably, the financial system's collapse, the Gulf of Mexico oil spill, and the 2006 West Virginia mine disaster - underscore the need for smarter regulation. Yet the task of regulating complex industries faces the obstacle of insider influence, which threatens to "capture," or corrupt, the process if left unchecked. This timely volume brings together leading scholars from across the social sciences whose work presents empirical evidence that this obstacle is more surmountable than previously thought. The unprecedented rigor they bring to the study of capture will appeal to scholars and students across the social sciences, and prove a valuable resource for policy makers.

About the Author:

Daniel Carpenter is the Allie S. Freed Professor of Government and Director of the Center for American Political Studies in the Faculty of Arts and Sciences at Harvard University. His first book, The Forging of Bureaucratic Autonomy: Reputations, Networks and Policy Innovation in Executive Agencies, 1862928, was awarded the APSA's Gladys Kammerer Prize, as well as the Charles Levine Prize of the International Political Science Association. His second book, Reputation and Power: Organizational Image and Pharmaceutical Regulation at the FDA, received the 2011 Allan Sharlin Memorial Award from the Social Science History Association. Professor Carpenter has held fellowships from the John Simon Guggenheim Foundation, the Radcliffe Institute for Advanced Study, the Center for Advanced Study in the Behavioral Sciences, the Brookings Institution and the Santa Fe Institute. He has received grants from the National Science Foundation, the National Endowment for the Humanities, the Robert Wood Johnson Foundation (Scholars in Health Policy 1998000, Investigator Award in Health Policy Research 2004), the Alfred Sloan Foundation, the Russell Sage Foundation and the Safra Center for Ethics.

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Book Description CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2015. Paperback. Condition: New. Language: English. Brand new Book. 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. Seller Inventory # AAS9781107646704

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Book Description CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2015. Paperback. Condition: New. Language: English. Brand new Book. 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. Seller Inventory # AAS9781107646704

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