Reliability, Responsiveness, and Regulatory Policy
Bibliographic Data
| ID | 6362663 |
|---|---|
| Authors | John T Scholz (corresponding author) |
| Year | 1984 |
| Volume | 44 |
| Issue | 2 |
| Pages | 145-145 |
| Publication date | 1984-03-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Public Administration Review (JOURNAL) |
| Journal identifiers | ISSN: 0033-3352 • E-ISSN: 1540-6210 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.2307/975865 |
| OpenAlex | W2318915018 |
| Language | EN |
| Citations received | 6 |
Three Mile Island, Love Canal, and dioxin contamination are spectacular examples of problems confronting regulatory officials every day. Yet, accepted regulatory theories of market failure, capture, and deterrence provide little guidance for such problems arising from dynamic technologies and fallible control systems. This essay probes the implications of bounded rationality and advanced technologies for regulatory policy, and asks what role regulatory agencies can play in assuring the reliability of corporate performance and the responsiveness of corporations to vaguely defined and poorly understood social concerns. The first section of this article introduces two regulatory concerns, reliability and responsibility. The next section argues that the dynamic nature of regulatory issues, when combined with the limited rationality of corporations, justifies attention to these concerns. Then, the causes, consequences, and regulatory methods for dealing with reliability and responsiveness are analyzed. Finally, the implications for regulatory policy are discussed, emphasizing the need to improve the design of adaptive expert systems as a whole, since both public and private components are fallible
Business · Economics · Regulatory reform · Reliability (semiconductor · Reliability engineering · Engineering · Regulation and Compliance Studies
Political Influence and Policy Variation
Cooperation, Deterrence, and the Ecology of Regulatory Enforcement
Regulatory Compliance and the Ethos of Quality Enhancement
Assessing the Consequences of Corporate Discretion on Regulatory Compliance
Voluntary Compliance and Regulatory Enforcement
Analyzing the Equity and Efficiency of Osha Enforcement
| Citations per year | 0.14 |
|---|---|
| Citation span | 1984 - 2003 (20) |
| Highly cited | No |