publication . Article . Part of book or chapter of book . Research . 2016

Regulatory Networks, Legal Federalism, and Multi-level Regulatory Systems

Wolfgang Kerber; Julia Wendel;
Open Access
  • Published: 01 Jan 2016 Journal: SSRN Electronic Journal (eissn: 1556-5068, Copyright policy)
  • Publisher: Elsevier BV
Abstract
Transnational regulatory networks play important roles in multi-level regulatory regimes, as e.g, the European Union. In this paper we analyze the role of regulatory networks from the perspective of the economic theory of legal federalism. Often sophisticated intermediate institutional solutions between pure centralisation and pure decentralisation can help to solve complex tradeoff problems between the benefits and problems of centralised and decentralised solutions. Drawing upon the insights of the political science literature about regulatory networks, we show that regulatory networks might be an institutional innovation that can fulfill a number of functions...
Subjects
free text keywords: K2, F55, H11, H77, regulatory networks, multi-level regulatory systems, legal federalism, EU regulation, Enforcement, Decentralization, Federalism, Conflict resolution, Economic system, European union, media_common.cataloged_instance, media_common, Best practice, Phenomenon, Political science, Centralisation, ddc:330
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