Prof Gordon Baldwin NAB7.08

This course is available on the MSc in Law and Accounting, MSc in Public Administration and Government (LSE and Peking University), MSc in Public Management and Governance, MSc in Public Policy and Administration, Master of Laws and Master of Laws (extended part-time study). This course is available with permission as an outside option to students on other programmes where regulations permit.

This course is NOT available for students of the MSc Regulation programme.

This course will be relevant to the following LLM specialisms: Banking Law and Financial Regulation; Corporate and/or Commercial Law; Criminology and Criminal Justice; Information Technology, Media and Communications Law; Intellectual Property Law; Legal Theory; and Public Law.

This course is capped at 30 students. Students must apply through Graduate Course Choice on LSEForYou.

The course provides an introduction to key topics relating to regulatory strategies and their implementation. It deals with issues from a comparative and generic perspective and draws on approaches encountered in public administration, socio-legal studies and institutional economics. Topics include: • Introductory: What is Regulation? • Why Regulate? • Regulatory Strategies (a) Commands • Regulatory Strategies (b) Incentives • Enforcement Tools and Strategies • Responsive Approaches to Enforcement • Emissions Trading • Franchising • Risk-Based Regulation • Risk Selection and Low Risk Regulation

20 hours of seminars in the MT. 2 hours of seminars in the ST.

Teaching will be based on a variable format: some lecture-discussions, some student-paper-led discussions, some debates and guest speakers where appropriate.There will be a Reading Week in week 6 of the MT and one revision session in ST.

One 2,000 word essay.

R Baldwin, M Cave and M. Lodge Understanding Regulation 2nd ed.(OUP, 2012); R. Baldwin, M. Cave and M. Lodge (ed.) Oxford Handbook on Regulation (OUP, 2010) R Baldwin, C Hood & C Scott, Socio-Legal Reader on Regulation (OUP, 1998); Responsive Regulation: Transcending the Deregulation Debate by Ian Ayres and John Braithwaite (OUP, 1992). B. Morgan and K. Yeung (2007) An Introduction to Law and Regulation (Cambridge University Press, 2007); J. Jordana and D. Levi-Faur (2004/eds) The Politics of Regulation (Edward Elgar, 2004) A Ogus, Regulation (OUP, 1994); R Baldwin, Rules and Government (OUP, 1995); I Ayres & J Braithwaite, Responsive Regulation (OUP, 1992).

Exam (100%, duration: 2 hours, reading time: 15 minutes) in the main exam period.