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The purposes, organization, and supervision of regulators: implications for accountability and liability

Abstract:

As recent events in the financial sector have demonstrated, the action or inaction of regulators can profoundly affect lives and livelihoods. It follows that regulators must operate within well-designed frameworks of accountability and liability.

In this policy brief, the author advances the theory of 'confirmation bias' to explain recent systematic defective regulatory decision-making and actions, and argues that accountability and liability frameworks for regulators must provide t...

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Publication status:
Published
Peer review status:
Peer reviewed
Version:
Publisher's version

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Institution:
University of Oxford
Department:
Social Sciences Division - Faculty of Law - Socio-Legal Studies,Centre for
Series:
Foundation for Law, Justice and Society policy briefs
Publication date:
2011
URN:
uuid:83836fd0-78cf-4dfa-9cbc-41e69c7d0704
Local pid:
ora:6922
Language:
English
Subjects:

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