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Watching the watchmaker: on regulating the social in lieu of the technical

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  • Downer, John

Abstract

This paper looks at the problem of expertise in regulation by examining the Federal Aviation Administration's (FAA) 'type-certification' process, through which they evaluate new designs of civil aircraft. It notes that the FAA delegate a large amount of this work to the manufacturers themselves, and discusses why they do this by invoking arguments from the sociology of science and technology. It suggests that - contrary to popular portrayal - regulators of 'high' technologies face an inevitable epistemic barrier when making technological assessments, which forces them to delegate technical questions to people with more tacit knowledge, and hence to 'regulate' at a distance by evaluating 'trust' rather than 'technology'. It then unravels some of the implications of this and its relation to our theories of regulation and 'regulatory capture'.

Suggested Citation

  • Downer, John, 2009. "Watching the watchmaker: on regulating the social in lieu of the technical," LSE Research Online Documents on Economics 36538, London School of Economics and Political Science, LSE Library.
  • Handle: RePEc:ehl:lserod:36538
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    File URL: http://eprints.lse.ac.uk/36538/
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    JEL classification:

    • H0 - Public Economics - - General

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