The Use of Economic Analysis of Law in the Context of Environmental Regulations
Abstract
One of the recent developments in comprehending the effects and complexities of environmental regulations are by building environmental models. These models play various functional roles in environmental regulations ranging from assisting in policy making, in formulating new laws and resolving legal disputes to being used as a tool for collaborative negotiations between multiple set of parties. One such methodology for developing models in the context of environmental regulations is the economic analysis of law (EAL). This paper looks into how the EAL could be used in formulating environmental regulation models. This paper is an attempt to help policy makers, lawyers and environmental professionals, in general to understand how EAL could be used as an empirical tool to identify how regulatory quality could reduce pollution levels successfully and also how other variables (such as public participation, Ngo′s etc) could help reinforce the existing regulatory quality. In addition, to understand how this methodology can aid in devising models for examining the effectiveness of the regulatory quality, it also looks at EAL′s historical origins and how it has developed over time and its use (both advantages and disadvantages) in understanding regulation.
© 2018 Walter de Gruyter GmbH, Berlin/Boston
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Articles in the same Issue
- Who Fears the Big Government? A Coordinated Attemp to Downsize Federal Agencies’ Power in the United States
- Construing Contemporary Cosmopolitan Constitution-Making: A Comparative View
- Agrofuels Controversy in the Midst of the International Crisis
- Revisiting the Role of the EU Judiciary as the Stronghold for the Protection of Human Rights while Countering Terrorism
- The Use of Economic Analysis of Law in the Context of Environmental Regulations
- On Arbitral Jurisdiction. How to Deal with the Complementarity between Arbitral Tribunals and the Courts?
- Is the GDPR and Its Right to Data Portability a Major Enabler of Citizen Science?
- The jurisprudential basis to the common law notion of Indigenous title: Some comparisons
