Includes bibliographical references and index.

Introduction to economics of regulation -- The rise of risk in regulatory governance -- Technological innovation -- Theories of regulation -- Regulatory policy -- Regulatory modalities -- Hybrid instruments and experimental regulations -- Regulatory rules -- Regulatory compliance, public enforcement, and certification -- Private enforcement and redress -- Regulatory legitimacy -- Regulatory accountability.

"Regulation permeates all aspects of life, from social media, transport, employment to food safety. But what is regulation? And why do we need it? This book demystifies regulation for students, regulators, practitioners, and scholars by addressing the 'what,' 'why,' 'whether,' and 'how' of regulation in a scholarly yet accessible manner"-- Provided by publisher.