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Unpublished Paper
THE EVOLUTION OF REGULATION: 20TH CENTURY LESSONS AND 21ST CENTURY OPPORTUNITIES
ExpressO (2011)
  • John W Mayo, Georgetown University
Abstract
Abstract: Reflections on the evolution of regulatory policies over the past half-century afford the ability to not only identify important drivers to this evolution, but also to identify elements of regulation and deregulation that have been most successful in practice. The common element of these successes has been that they are "results-based." Based on these successes, this paper develops a model of "results-based regulation" through the identification of a set of principles that can used to guide 21st century regulatory practice. A consideration of regulation in the modern telecommunications industry serves as a proof of concept for the model of results-based regulation.
Keywords
  • regulation,
  • public utilities,
  • telecommunications
Disciplines
Publication Date
March 26, 2011
Citation Information
John W Mayo. "THE EVOLUTION OF REGULATION: 20TH CENTURY LESSONS AND 21ST CENTURY OPPORTUNITIES" ExpressO (2011)
Available at: http://works.bepress.com/john_mayo/1/