by William G. Resh As President Barack Obama ends the final Congress of his presidency facing majority opposition in both chambers of the legislature and ostensibly an opposing ideological majority in the Supreme Court, the…
In nearly every area of regulatory law, U.S. agencies today base their regulations in part on international considerations, such as the benefits of harmonizing U.S. and foreign standards or the foreign policy advantages of a…
Research note by Tim Brennan on Behavioral Economics and Policy Evaluation Behavioral economics, roughly defined as the study of behavior in economic contexts when people do not appear to act rationally or in their own…
Reseach note by Oren Bar-Gill and Cass Sunstein based on the article Regulation as Delegation, Journal of Legal Analysis In diverse areas – from retirement savings, to consumer credit, to prescription drug use, to fuel economy and…
Abstract by Olha Cherednychenko The instrumental use of private law, in particular contract law, by the EU raises a complex issue concerning the relationship between contract-related regulation and traditional private law and underlines the need for…
Research note by Katrin Auel and Thomas Christiansen ‘Maybe not formally speaking, but at least politically speaking, all national parliaments have become, in a way, European institutions’ (Van Rompuy 2012). As the statement suggest, the former…
Research note by Laurenz Ennser-Jedenastik During the past decades, many public tasks have been outsourced from the central bureaucracy to agencies that operate at arm’s length from the government. This shift has been especially pronounced in…
Research note by Marina Nistotskaya Puzzle. It is a commonly held view that vibrant entrepreneurship lies at the root of economic development. International organizations, such as the World Bank and EU, and governments at all…
Research note by Thomas D. Hopkins Applying benefit-cost analysis in the White House regulatory oversight process served as a basic mission of the Council on Wage and Price Stability (CWPS) during its seven-year lifespan (1974–1981).…
Research note by John Coates In response to the 2008 financial crisis the US Congress introduced the “Volker Rule” – a novel law generally barring banking organizations from proprietary trading and investing in hedge and private…