Law and Economics in the RIA World: Improving the Use of Economic Analysis in Public Policy and Legislation (European Studies in Law and Economics, 6, Band 6) - Softcover

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9781780680231: Law and Economics in the RIA World: Improving the Use of Economic Analysis in Public Policy and Legislation (European Studies in Law and Economics, 6, Band 6)

Inhaltsangabe

The use of economics in public policy, in the form of ex ante Regulatory Impact Analysis (RIA), is strongly advocated by international organizations, such as the Organization for Economic Co-operation and Development and the World Bank. In the US and the EU, hundreds of RIAs are produced every year to justify public intervention in the form of regulation. But, reality shows that, in many other countries, the adoption and implementation of this tool has been patchy at best. At the same time, the use of economics in RIA is heavily challenged by scholarly developments, such as behavioral economics, neuroeconomics, and the study of social norms, and was unable to predict and cure the financial crisis that hit the global economy in 2007. This book claims that RIA should incorporate recent developments from law and economics literature. It provides an analysis of the potential contribution of positive, normative, and functional schools of law and economics to the practice of RIA. The book contains thematic applications to policy fields, such as environmental protection, energy efficiency, financial markets, antitrust, cyberspace, and telecommunications. It provides far-reaching recommendations on the future of law and economics, as well as on the organization of RIA systems around the world, particularly in the US and the EU. (Series: European Studies in Law and Economics - Vol. 6)

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Über die Autorin bzw. den Autor

Andrea Renda is a Senior Research Fellow at the Centre for European Policy Studies (CEPS) and a co-manager of the CEPS Digital Forum. He provides academic advice to several institutions, including the European Commission, the European Parliament, the OECD and the World Bank. He is Senior Lecturer of "Economic Analysis of Law", "Antitrust and regulation", "Policies and policymaking in the EU" and "Regulatory Policies in a global perspective" at Luiss Guido Carli University, in Rome, and a Senior Research Fellow at Luiss' Law and Economics Lab. He lectured in the past years at the Erasmus University of Rotterdam, at the University of Stockholm, the University of Jordan, at the College of Europe in Bruges and at Fudan University in Shanghai. He is member of the Editorial Board of "Telecommunication Policy" and the "European Journal of Risk Regulation"; a member of the Scientific Board of the International Telecommunications Society (ITS) and the Scientific Chair of the Scientific Board of EuroCPR. He is a member of the Istituto Affari Internazionali, where he manages the Global Outlook program. He earned a BA cum laude in Economics from LUISS Guido Carli University, Rome, in 1995 (Dissertation awarded a special distinction) and is European Master of Law and Economics (LL.M., with distinction, University of Hamburg, 1996). He holds a PhD degree in Law and Economics awarded by the Erasmus University of Rotterdam. He is the author of several publications.

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The use of economics in public policy, in the form of ex ante Regulatory Impact Analysis (RIA), is strongly advocated by international organizations such as the OECD and the World Bank. In the US and the EU, hundreds of RIAs are produced every year to justify public intervention in the form of regulation. But reality shows that in many other countries the adoption and implementation of this tool has been patchy at best. At the same time, the economics used in RIA is heavily challenged by scholarly developments such as behavioral economics, neuroeconomics and the study of social norms, and was also unable to predict and cure the financial crisis that hit the global economy in 2007. The book claims that RIA should incorporate recent developments in the law and economics literature and provides an analysis of the potential contribution of positive, normative and functional schools of law and economics to the practice of RIA. The book contains thematic applications to policy fields such as environmental protection, energy efficiency, financial markets, antitrust, cyberspace and telecommunications.

The book provides far-reaching recommendations on the future of law and economics, as well as on the organization of RIA systems around the world, particularly in the US and the EU.

About the author
Andrea Renda teaches law and economics at LUISS Guido Carli in Rome, and is a Senior Research Fellow at the Brussels-based Centre for European Policy Studies (CEPS). Dr. Renda regularly consults with EU institutions and international organizations on topics related to regulatory reform, competition policy and regulation of network industries. He was the Coordinator of the European Network for Better Regulation (ENBR) between 2005 and 2008, and is currently the Manager of the CEPS Digital Forum. Dr. Renda is Jean Monnet Fellow at the European University Institute in Florence for the period 2011-2013. He is the author of several publications, conference presentations, book chapters and monographs. He is a member of the Editorial Board of Telecommunication Policy (Elsevier) and European Journal of Risk Regulation (Lexxion); he is also a member of the Scientific Board of the International Telecommunications Society (ITS) and of the EuroCPR.

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