Preventing Regulatory Capture: Special Interest Influence and How to Limit It

Table of Contents

Preface
The Tobin Project

Introduction
Daniel Carpenter, Freed Professor of Government, Harvard University
David Moss, John G. McLean Professor, Harvard Business School

SECTION I: FAILURES OF CAPTURE SCHOLARSHIP

Section Introduction

1. A Revisionist History of Regulatory Capture 
William Novak, Professor of Law, University of Michigan Law School 

2. The Concept of Reglatory Capture: A Short, Inglorious History
Richard Posner, Judge of the U.S. Court of Appeals, Seventh Circuit; Senior Lecturer in Law, University of Chicago Law School 

3. Detecting and Measuring Capture 
Daniel Carpenter, Freed Professsor of Government, Harvard University

SECTION II: NEW CONCEPTIONS OF CAPTURE: MECHANISMS AND OUTCOMES

Section Introduction

4. Cultural Capture and the Financial Crisis 
James Kwak, Associate Professor of Law, University of Connecticut School of Law

5. Complexity, Capacity, and Capture
Nolan McCarty, Susan Dod Brown Professor of Politics and Public Affairs, Woodrow Wilson School of Public and International Affairs, Princeton University

6. Preventing Economists' Capture
Luigi Zingales, Robert C. McCormack Professor of Entrepreneurship and Finance and David G. Booth Faculty Fellow, University of Chicago Booth School of Business

7. Corrosive Capture? The Dueling Forces of Autonomy and Industry Influence in FDA Pharmaceutical Regulation
Daniel Carpenter, Freed Professor of Government, Harvard University

SECTION III: MISDIAGNOSING CAPTURE AND CASE STUDIES OF REGULATORY SUCCESS

Section Introduction

8. Capturing History: The Case of the Federal Radio Commission in 1927
David Moss, John G. McLean Professor of Business Administration, Harvard Business School
Jonathan B. L. Decker, Associate, Ropes & Gray LLP

9. Conditional Forbearance as an Alternative to Capture: Evidence from Coal Mine Safety Regulation
Sanford Gordon, Associate Professor of Politics, New York University
Catherine Hafer, Associate Professor of Politics, New York University

10. Captured by Disaster? Reinterpreting Regulatory Behavior in the Shadow of the Gulf Oil Spill 
Christopher Carrigan, Assistant Professor of Public Policy and Administration, The Trachtenberg School of Public Policy and Public Administration, George Washington University

11. Reconsidering Agency Capture During Regulatory Policymaking 
Susan Webb Yackee, Associate Professor of Public Affairs and Political Science, La Follette School of Public Affairs, University of Wisconsin-Madison

12. Coalitions, Autonomy, and Regulatory Bargains in Public Health Law 
Mariano-Florentino Cuéllar, Professor of Law and Deane F. Johnson Faculty Scholar, Stanford Law School

SECTION IV: THE POSSIBILITY OF PREVENTING CAPTURE

Section Introduction

13. Preventing Capture Through Consumer Empowerment Programs: Some Evidence from Insurance Regulation 
Daniel Schwarcz, Associate Professor of Law, University of Minnesota Law School

14. Courts and Regulatory Capture 
M. Elizabeth Magill, Dean and Richard E. Lang Professor, Stanford Law School

15. Can Executive Review Help Prevent Capture?
Richard Revesz, Dean and Lawrence King Professor of Law, New York University Law School
Michael Livermore, Associate Professor of Law, University of Virginia School of Law

Conclusion
David Moss, John G. McLean Professor, Harvard Business School
Daniel Carpenter, Freed Professor of Government, Harvard University

Afterword
Sheldon Whitehouse, U.S. Senator (D-RI)
James Leach, Chairman, National Endowment for the Humanitities; Former Member of the U.S. House of Representatives (R-IA)