Why does regulation vary so dramatically from one area to another? Why are vast sums spent on controlling some risks but not on others? Is there any logic to the techniques we use in risk regulation? In this work, Hood explores these crucial questions explored. It looks at a number of risk regulations' regimes, considers the respects in which they differ, and examines how these differences can be justified.

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Christopher Hood is at All Soul's College, Oxford. Henry Rothstein is at London School of Economics.

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