SHORT COURSE ON REGULATION



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dipartimento di scienze giuridiche SHORT COURSE ON REGULATION Economics, Law and Governance Strategy and Implementation Rome, Sapienza Università di Roma 12-14 September, 2012 Contact: Dott. Roberto Strippoli Dipartimento Scienze Giuridiche P.le Aldo Moro 5, 00185 Roma, +39 06 49910331 e-mail: regolazione@jus.uniroma1.it Academic Directors: Prof. Robert Baldwin, Prof. Marco D Alberti, Prof. Nicoletta Rangone

Objectives SHORT COURSE ON REGULATION The course is intended for participants who may have varying familiarity with regulation. It will both introduce participants to key issues and develop understandings of these. The presentations will be of special value to professionals who are moving into regulatory affairs from other areas (no prior knowledge of regulation or economics will be assumed). The course will look at how regulation operates on the ground but will also cover regulatory theory and all stages of the regulatory process from law and rule-making to institutional frameworks and enforcement. It will consider regulation from the perspectives of economists, lawyers, sociologists, political scientists and others. Individual seminars will examine not merely how regulation ought to be carried out and evaluated but how regulation tends to develop and how its incidence and shape can be explained. Lessons from the utilities, financial and other sectors will be drawn on. Eligibility The course is intended for high civil servants, managers and officers of enterprises, professionals, barristers, solicitors, attorneys, graduate students and scholars who wish to reach an advanced education on regulation. Time: 12-14, September 2012 (three full days: 10.00-14.00 15.00-18.30). Location: Sapienza Università di Roma, piazzale Aldo Moro 5, 00185, Rome, Italy. Applications: The number of participants will be between 15 and 40. Application s must be submitted before 10th July, 2012 Cost: 1,500 (including meals and supporting materials), 1,200 for three people of the same institution or firm; 1,000 for five people of the same institution or firm. 3

programme DAY 1: HISTORY, THEORIES AND GENERAL FRAMEWORKS tems and constraints? DAY 2: REGULATORY STRATEGIES HISTORY OF MODERN REGULATION MAIN FEATURES OF CONTEMPORARY REGULA- TION REGULATORY STRATEGIES: FROM COMMAND TO SELF REGULATION Problems of legislative solutions. Alternatives and less-restrictive regulation. PUBLIC REGULATORS AND REGULATORY PRO- CEDURES REGULATION AND COMPETITION (A LEGAL PER- SPECTIVE) WHY REGULATE? Justifications for regulating economic, market failure and other. WHAT IS GOOD REGULATION? How do we assess regulation criteria and benchmarks. Evaluation systems. COPING WITH UNCERTAINTY: THE PRECAU- TIONARY PRINCIPLE IN REGULATION The challenges of regulating in the face of incomplete information and evidence. RISKS AND REGULATION The consequences of organizing regulation around the idea of risk. Different approaches to risk. EXPLAINING REGULATION How can firms and others predict future regulatory sys- THE CHALLENGES OF ENFORCEMENT At which stage of a risky activity should the regulator intervene? Analysing enforcement in its different aspects. Comparing deterrence, compliance responsive and other systems. RULES, STANDARDS AND PRINCIPLES How different types of rules and standards affect the achieving of objectives. The advantages and disadvantages of moving from detailed rules to principle-governed regulatory regimes. EMISSIONS TRADING AND MARKET MECHA- NISMS Trading as an alternative to command approaches. REGULATORY STRATEGIES AND THE EUROPEAN DIMENSION The impact of European decision-making on instrument choice and implementation. REGULATION IN THE TRANSNATIONAL CON- TEXT The role of non-state actors in regulation and issues of trans-jurisdictional legitimacy. PRICE CAPPING, STRUCTURAL REGULATION 4 5

AND REGULATING MONOPOLIES The special issues attaching to price control mechanisms. How price caps are set and reset. Approaches to monopoly. ECONOMIC CONCEPTS AND REGULATION Essential economic concepts and analytic approaches. MEASURING EFFICIENCY How the efficiency of operations can be assessed. REVIEW AND REGULATION IN COMPETITIVE SECTORS Identifying competitive sectors and the consequences. UTILITIES REGULATION AN INTRODUCTION The special challenges of regulating in the utilities sector a general review of issues. DAY 3: TOOLS AND PERSPECTIVES RISK BASED REGULATION Making strategies of risk based regulation work: the challenges. DEALING WITH LOW RISKS Risk-based regulation tends to focus on higher risks but lower risks also have to be dealt with. This session considers the use of specific strategies for addressing lower risks and the special challenges to be faced. SHOP Issues arising in applying a cost benefit approach to evaluating regulations. Case study. THE QUEST FOR BETTER REGULATION The worldwide search for less intrusive, lower cost, more effective regulation how this sits with other approaches such as impact assessment. How RIAs impact on policy processes. COMPETITION IMPACT ASSESSMENT Completing competition assessments in Regulatory Impact Assessment. Professor N. Rangone ASSESSING ADMINISTRATIVE BURDENS Independent authorities, government, and regional policymakers faced with the administrative burdens measurement and reduction. Professor N. Rangone THE STANDARD COST MODEL The Standard Cost Model to measure the stock (in simplification policies) and the flow of regulation (in Regulatory Impact Assessment). Professor N. Rangone ETHICS AND REGULATION, ETHICS IN REGULA- TION: AN OVERVIEW Professor M. De Benedetto REGULATION: THE NINETIES, THE CRISIS AND AFTER IMPACT ASSESSMENT, COST-BENEFIT TESTING AND REGULATION The role of Cost Benefit Analysis in regulation. Technical issues. REGULATORY IMPACT ASSESSMENT: WORK- 6 7

ACADEMIC STAFF Professor Robert Baldwin Robert Baldwin is a Professor of Law at the LSE where he teaches Regulation and Criminal Law at undergraduate and graduate levels. He has published widely on regulation and acted as a consultant to such bodies as the Health and Safety Executive, the European Commission, the International Labour Organisation, the National Audit Office and HM Treasury. His books include: Regulating the Airlines, (Oxford, University Press, 1985); Rules and Government, (Oxford University Press, 1995); Law and Uncertainty (Kluwer, 1996); Understanding Regulation, (Oxford University Press, 1999 with Martin Cave and 2011 Second Edition with M. Cave and M. Lodge) and The Government of Risk (Oxford University Press, 2001 with Christopher Hood and Henry Rothstein); The Oxford Handbook on Regulation (Oxford University Press, 2010) (with M. Cave and M. Lodge). Professor Martin Cave Professor Martin Cave is Deputy Chair of the U.K. Competition Commission. He was formerly Director, Centre for Management Under Regulation at Warwick Business School, a Centennial Professor at the LSE s Law Department and Visiting Professor at Imperial College Business School. He has authored numerous works on regulation, and has very extensive experience of advising regulatory agencies such as Ofcom, OFWAT, the Office of Fair Trading and international institutions such as the European Commission on the OECD. Professor Marco D Alberti Marco D Alberti is Professor of Administrative Law at Sapienza University School of Law, Rome. He is member of the Board of Italian Authority for the Control on Insurances Companies-ISVAP (since 2011). He has been member of the National Council for Economy and Labour-CNEL (1995-1997); member of numerous Committees for administrative reforms for the Prime Minister s Office and several Ministries (1985-1997); member of the Committee for the Guarantee of Statistical Information (1993-1997); Chairman of the Committee for Administrative Innovation, at the Prime Minister s Office (1996-1997); Commissioner of the Italian Competition Authority-AGCM (1997-2004). He is author of numerous essays and articles on Administrative Law, Public Administration, Comparative Law and Public Regulation of Markets and of the following books: Lezioni di diritto amministrativo, Giappichelli, 2012. Poteri pubblici, mercati e globalizzazione, Il Mulino, 2008; Diritto amministrativo comparato, Il Mulino, 1992; I public contracts nell esperienza britannica, Jovene, 1984; Le concessioni amministrative, Jovene, 1981. Professor Maria de Benedetto Maria De Benedetto is professor of Administrative law of Economics at the University RomaTre. She has been legal advisor for the Italian Antitrust Authority (1996), the Presidency of the Italian Council of Ministers Department for Civil Service (2000), the Italian School of Public Administration (2002-2004), the Italian Unit for the simplification and quality of regulation (2006-2008). She is also Editor in chief of the legal review Studi Parlamentari e di Politica Costituzionale. She has written the following books: L Autorità garante della concorrenza e del mercato, Il Mulino (2000); Istruttoria amministrativa e ordine del mercato, Giappichelli (2008); (with N. Rangone e M. Martelli) La qualità delle regole, Bologna, Il Mulino (2011). She has also edited Istituzioni, politica e amministrazione. Otto paesi europei a confronto, Giappichelli (2005) and Spiagge in cerca di regole. Studio d impatto sulle concessioni balneari, Arel/Il Mulino (2011). Dr Veerle Heyvaert Dr Veerle Heyvaert is a Senior Lecturer in Law at the LSE where she teaches environmental law and European law. She has an LL.M. from Harvard Law School and a PhD from the European University Institute in Florence. She has published extensively on issues of transnational environmental law, regulatory agencies and risk regulation, including recent articles on the emergence of hybrid norms in the European Journal of International Law (2009) and the globalisation of chemicals regulation in the Journal of Law and Society (2009). Her current research interest cover international environmental law and questions of compliance with international commitments, new developments in European environmental law, and in particular the reform of the EU regulatory framework for chemicals control. Professor Nicoletta Rangone Nicoletta Rangone is a professor of Economic Law at the Po- 8 9

litecnico of Milan where she teaches Administrative Law and Environmental Law. She also teaches Public Utilities Regulation at LUMSA University in Rome. She is legal advisor on the Standard Cost Model and simplification to the Presidency of the Counsel of Ministries (since 2005). She was consultant in the OECD (2001-2007-2009), the Italian School of Public Administration (2002-2004), the Italian Unit for the simplification and quality of regulation (2008-2011), the European Commission (2005). From 1996 to 2002 she worked with the Italian Antitrust Authority. His books include: I servizi pubblici, Il Mulino, 1999; Le programmazioni economiche. L intervento pubblico tra piani e regole, Il Mulino, 2007; La qualità delle regole (with M. de Benedetto e M. Martelli), Il Mulino, 2011. 10 11