Independent Regulatory Authorities

Lanneau, Régis

doi:10.1007/978-1-4614-7883-6_647-1

Encyclopedia of Law and Economics 2017

DOI: 10.1007/978-1-4614-7883-6_647-1

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Independent Regulatory Authorities

Régis Lanneau¹

Abstract: Independent regulatory agencies are now considered to be the sign of modern economic regulatory systems. They proliferated since the 1980s, and it is believed that they are enhancing the efficiency of regulation. In this entry, I will use law and economics to develop some rationale to explain their diffusion and emergence.

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