Reforming Risk Regulation
A commonly observed characteristic of risk regulation is the absence of coherent prioritization of risk and inconsistencies in the stringency of controls on risks that are regulated. This article examines the roots of this problem in the way both citizens and their elected representatives deal with uncertainties associated with catastrophic risks, why elected politicians respond to this problem by constructing regulatory institutions that are prone to inconsistency, and whether various proposals to reform the regulatory process would be likely to improve its performance. The main conclusions are that most reform proposals are strongly inconsistent with democratic responsiveness, which is the most important principle that elected officials use in designing programs, and that the only plausible means for making regulatory policy more coherent is to increase the resources of regulatory agencies so as to give them greater control over the public agenda in risk policy.
|Date of creation:|
|Publication status:||published in the Annals of the American Academy of Political and Social Sciences, May 1996.|
|Contact details of provider:|| Postal: 1775 Massachusetts Ave NW, Washington DC 20036-2188|
Web page: http://www.brook.edu/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:wop:bredwp:002. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Krichel)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.