The Annals of the American Academy of Political and Social Science · 2017 · 117 citations · 0 references
Public AffairsPublic PolicyRegulatory PolicyInstitutional TheoryRegulatory GovernanceRegulatory TheoryRegulationRegulatory CoordinationRegulatory InstitutionsRegulatory LegitimacyEconomic Theory Of RegulationLegitimacy In RegulationRegulation TheoryRegulatorsRegulatory MediationTwo-party Negotiation
Regulation is frequently viewed as a two-party relationship between a regulator (R) and the targets of its regulation (T). This volume conceives of regulation as a three-party system, in which diverse intermediaries (I) provide assistance to regulators and/or targets, drawing on their own capabilities, authority and legitimacy. Our framework paper for the volume, Theorizing regulatory intermediaries: The RIT model, sets out a general theoretical model for analyzing the roles and implications of regulatory intermediaries in diverse settings.