Federal and state regulatory agencies are increasingly making use of litigation as a means of regulation. In this book, three experts in regulatory law and theory offer a systematic analysis of the use of litigation to impose substantive regulatory measures, including a public choice-based analysis of why agencies choose to litigate in some circumstances.
The book examines three major cases in which litigation was used to achieve regulatory ends: the EPA's suit against heavy duty diesel engine manufacturers; asbestos and silica dust litigation by private attorneys; and private and state lawsuits against cigarette manufacturers. The authors argue that litigation is an inappropriate means for establishing substantive regulatory provisions, and they conclude by suggesting a variety of reforms to help curb today's growing reliance on such practice.
Publisher: Yale University Press
Number of pages: 296
Weight: 590 g
Dimensions: 235 x 156 x 24 mm
"This book invites lawyers to apply economics to the law and urges economists to analyze litigation's impact on the economy. The authors reveal the pernicious results of substituting litigation for sound public policy, providing a first step toward correcting a regulatory process gone awry."-Terry L. Anderson, Executive Director, The Property and Environment Research Center -- Terry L. A
"The authors' winning combination of clear theory and illustrative case studies makes this book a necessary read for anyone who wishes to grapple with the negative synergies of two systems of social control, which can easily swamp any gains that either system alone could provide."-Richard A. Epstein, James Parker Hall Distinguished Service Professor of Law, University of Chicago -- Richard A. Epstein