Rule Design: Defining the Regulator–Regulatee Relationship
Document Type
Book Chapter
Publication Date
2-17-2024
Abstract
Rules constitute a defining feature of the relationship between regulators and regulated entities. To succeed in fostering sound risk management for society, regulators need to choose carefully how they design their rules, taking into account both their own capacities and the capabilities of those that they regulate. This article describes a two-by-two framework for rule design based on means-end and micro-macro dimensions. By adopting and applying this framework, regulators can identify the relative advantages and disadvantages of different regulatory approaches and better inform decision-making about how to define the regulator–regulate relationship.
Keywords
Regulation, rule design, regulatory instrument choice, enforcement, socio-technical systems, regulators, regulator–regulate relationship, regulatory approaches, risk management, work domain analysis
Publication Title
The Regulator–Regulatee Relationship in High-Hazard Industry Sectors
Repository Citation
Coglianese, Cary, "Rule Design: Defining the Regulator–Regulatee Relationship" (2024). Book Chapters. 445.
https://scholarship.law.upenn.edu/faculty_chapters/445
https://doi.org/10.1007/978-3-031-49570-0_10
DOI
https://doi.org/10.1007/978-3-031-49570-0_10