Reconfiguring regulatory institutions: Learning from diplomacy and indirect reciprocity
Regulation is conceived as suffering reciprocity deficits that compromise its efficacy. Diplomacy is used as a model for reconfiguring regulatory institutions in response. Ambassadors for Regulatory Affairs who would be agents for all state regulatory agencies could be based in most large firms and SMEs that pose unusual regulatory risks. Rural police would be trained to be Ambassadors for Regulatory Affairs to rural towns. Just as a US Secretary of State can launch a "diplomatic surge" in...[Show more]
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|Source:||Jerusalem Papers in Regulation and Governance|
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