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Full-Text Articles in Law
Democratic Rulemaking, John M. De Figueiredo, Edward H. Stiglitz
Democratic Rulemaking, John M. De Figueiredo, Edward H. Stiglitz
Faculty Scholarship
This paper examines to what extent agency rulemaking is democratic. It reviews theories of administrative rulemaking in light of two normative benchmarks: a “democratic” benchmark based on voter preferences, and a “republican” benchmark based on the preferences of elected representatives. It then evaluates how the empirical evidence lines up in light of these two approaches. The paper concludes with a discussion of avenues for future research.
Regulatory Exit, J.B. Ruhl, James Salzman
Regulatory Exit, J.B. Ruhl, James Salzman
Faculty Scholarship
Exit is a ubiquitous feature of life, whether breaking up in a marriage, dropping a college course, or pulling out of a venture capital investment. In fact, our exit options often determine whether and how we enter in the first place. While legal scholarship is replete with studies of exit strategies for businesses and individuals, the topic of exit has barely been touched in administrative law scholarship. Yet exit plays just as central a role in the regulatory state as elsewhere – welfare support ends; government steps out of rate-setting. In this article, we argue that exit is a fundamental …