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- W597962145 abstract "The regulatory process is discussed as a basis for addressing the issues of institutional capacity and strategy, both public and private, in dealing with regulation of the automobile industry. The following aspects of the process are discussed in terms of three models (simplified, more sophisticated, expanded): public need for collective action, interest group influence, establishment of priorities, implementation of decisions, derived impacts, and goal attainment. It is shown that the regulatory process is interactive, dynamic, and very sensitive to microlevel impacts. These characteristics have important implications for the type of analysis required for effective regulation, the structure of public and private institutions, and the behavior and attitude of individual participants in the regulatory process. For more effective public regulation, methods must be developed to identify at a very disaggregated level those consequences of regulatory activity that have substantial distributional implications for individuals, firms, and regions of the country. Firms must assess the effects of regulation on their competitive positions; public officials must identify the incidence of regulatory impacts and the resulting political pressures. It is suggested that one clear means of recognizing the complexity of the regulatory process would be to institutionalize continuous legislative review, oversight, and direction. It is emphasized that public policy makers and private managers must have better tools for analysis and they must distinguish analysis from decision. All parties in the regulatory process must further distinguish decision from strategy." @default.
- W597962145 created "2016-06-24" @default.
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- W597962145 date "1980-01-01" @default.
- W597962145 modified "2023-09-26" @default.
- W597962145 title "TOWARD MORE EFFECTIVE ORGANIZATION FOR PUBLIC REGULATION" @default.
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