Performance-Based Regulation and Regulatory Regimes: The Saga of Leaky Buildings

21 Pages Posted: 28 Apr 2004

See all articles by Peter May

Peter May

University of Washington - Department of Political Science

Abstract

Regulatory reformers have widely endorsed greater use of a performance-based approach to regulation that defines objectives in terms of desired outcomes. The appeal of the performance-based approach is as much about introducing a regime that overcomes problems of overly rigid rules and inflexible enforcement as it is about regulating for results. The case of leaky buildings in New Zealand provides a cautionary tale of a flawed performance-based regulatory regime. It allowed for flexibility without sufficient accountability and in so doing showed the Achilles' heel of performance-based regulation.

Suggested Citation

May, Peter, Performance-Based Regulation and Regulatory Regimes: The Saga of Leaky Buildings. Available at SSRN: https://ssrn.com/abstract=513737

Peter May (Contact Author)

University of Washington - Department of Political Science ( email )

101 Gowen Hall
Box 353530
Seattle, WA 98195
United States

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

Paper statistics

Downloads
38
Abstract Views
1,309
PlumX Metrics