Book Review of Achieving Regulatory Excellence

Risk Analysis, Vol. 38, No. 8, 2018

4 Pages Posted: 7 Jan 2019 Last revised: 16 Aug 2019

See all articles by E. Donald Elliott

E. Donald Elliott

Yale Law School; Antonin Scalia Lw School

Date Written: February 23, 2017

Abstract

Book review of Achieving Regulatory Excellence (Cary Coglianese, ed., Brookings Institution Press, 2017). The review criticizes the authors, particularly the chapter by John Braithwaite, for not considering the concept of "opportunity cost," namely the idea that regulators who are doing one thing with their time and resources are not devoting them to something else that they might be doing instead. It also criticizes the diffuse chapters for eschewing quantitative measures of regulatory success, and for failing to consider the alternative measure of regulatory success as achieving the goals set by the legislature at a minimum of social cost, as suggested by Peter Schuck and others.

Keywords: Regulation

JEL Classification: Y3

Suggested Citation

Elliott, E. Donald, Book Review of Achieving Regulatory Excellence (February 23, 2017). Risk Analysis, Vol. 38, No. 8, 2018, Available at SSRN: https://ssrn.com/abstract=3289261 or http://dx.doi.org/10.2139/ssrn.3289261

E. Donald Elliott (Contact Author)

Yale Law School ( email )

P.O. Box 208215
New Haven, CT 06520-8215
United States
202 256-4149 (Phone)

Antonin Scalia Lw School ( email )

3301 Fairfax Drive
Arlington, VA 22201
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
41
Abstract Views
348
PlumX Metrics