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University of Pennsylvania Carey Law School

2019

Public Policy

Compliance

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Getting The Blend Right: Public-Private Partnerships In Risk Management, Cary Coglianese Jan 2019

Getting The Blend Right: Public-Private Partnerships In Risk Management, Cary Coglianese

All Faculty Scholarship

The question of whether there is too much or too little regulation in the United States has driven much political debate for decades. The more important question, though, is not about getting the right amount of regulation but it is about finding the best ways for the public and private sectors to interact. When it comes to managing risk in society, this latter question is necessarily one of choosing between different kinds of structures—or partnerships—between public and private institutions. Sometimes these partnerships are adversarial, as they can be with government regulation. Other times they are seemingly invisible, such as when …