- Introduction: Regulation—the Field and the Developing Agenda
- Economic Approaches to Regulation
- Regulatory Rationales Beyond the Economic: In Search of the Public Interest
- The Regulatory State
- Strategic Use of Regulation
- Standard‐Setting in Regulatory Regimes
- Enforcement and Compliance Strategies
- Meta‐Regulation and Self‐Regulation
- Self‐Regulatory Authority, Markets, and the Ideology of Professionalism
- Alternatives to Regulation? Market Mechanisms and the Environment
- The Evaluation of Regulatory Agencies
- Better Regulation: The Search and the Struggle
- Regulatory Impact Assessment
- The Role of Risk in Regulatory Processes
- Accountability in the Regulatory State
- On the Theory and Evidence on Regulation of Network Industries in Developing Countries
- Global Regulation
- Financial Services and Markets
- Pricing in Network Industries
- Regulation and Competition Law in Telecommunications and Other Network Industries
- Regulation of Cyberspace
- The Regulation of the Pharmaceutical Industry
- Regulation and Sustainable Energy Systems
- Regulation Inside Government: Retro‐Theory Vindicated or Outdated?
- The Future of Regulation
- Name Index
- Subject Index
Abstract and Keywords
This article contends that regulation in certain fields should incorporate and give emphasis to values beyond those of market economics. It is argued here that the frame of reference of the market is too narrow to encompass properly a range of social and political values which are established in liberal democracies and can be seen as constitutional in nature. Examples from fields such as environmental regulation and regulation of the media are used here to illustrate a range of non-economic values which have been, are, or should be reflected in regulatory theory and practice as a means of recognising and reflecting principles related to social justice. Such principles extend beyond, and may be antithetical to the practices, values, and outcomes of market-driven decision-making.
Mike Feintuck is a Professor at the University of Hull Law School.
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