Skin in the Game: Comparing the Private and Public Regulation of Isotretinoin

2016 ◽  
Author(s):  
Raymond J. March
Paradigm ◽  
1998 ◽  
Vol 1 (2) ◽  
pp. 109-120
Author(s):  
Simrit Kaur ◽  
S.P. Jain

In many developing and developed countries, privatization through transfer of ownership from public to the private hands is considered as a cure for most of the problems faced by the public sector enterprises (PSEs.) However, policy makers tend to forget that both the systems – private and public – are imperfect. If market failure necessitates the need for government intervention, then failures associated with the government require more market friendly policies. This implies that at any point of time both systems will coexist i.e. privatization will go hand in hand. The present article attempts to discuss the modalities of privatization options and public regulation adopted by India.


2018 ◽  
Vol 239 ◽  
pp. 04008 ◽  
Author(s):  
Nina Semeryanova ◽  
Anna Kopytova ◽  
Ludmila Dolnikova ◽  
Vladimir Morozkov

The urgency of the problem under investigation is caused by the contradictions between regional and federal legislation in the regulation of civil relations, which hamper the optimization and achievement of the balance of the Russian legislative framework. Such contradictions are most clearly seen in the field of transport law. The purpose of the article is to update the problematic issues of the correlation between the norms of regional and federal legislation, the issues of delimitation of private and public regulation. The leading approach to the study of this problem is dialectics, analysis, synthesis, deduction, formal-legal method. The analysis can help to understand the formative elements of law governing the legal field of private and public regulation, the adoption of regional instruments that contribute to the full and comprehensive regulation of civil relations, including the field of transport commitments.


Author(s):  
Vanessa Mak

This chapter examines which mechanisms can provide ‘checks and balances’ for the rules created by different lawmakers in a legal pluralist constellation. The question here is which space exists for the creation and maintenance of private governance mechanisms based on voluntary participation. First, the chapter maps the mechanisms for monitoring the substance of private lawmaking, in so far as they relate to European contract law. Second, the spaces that exist between private and public regulation in relation to each of these instruments are examined. The chapter moves on to a more in-depth analysis of the space that private regulation has besides public regulation. The relevant mechanisms that can be discerned are: standardisation of contracts, the use of optional instruments or model rules in contract law, and monitoring through online dispute resolution.


2016 ◽  
Vol 13 (3) ◽  
pp. 649-672 ◽  
Author(s):  
RAYMOND J. MARCH

AbstractThis paper engages in a comparative-institutional analysis of the private and public risk-management programs of the drug isotretinoin, which are designed to prevent the undesired effects isotretinoin has on fetal development. This case study sheds light on the comparative effectiveness of private and public regulation in the pharmaceutical and healthcare markets. A range of evidence indicates that the private risk management program successful in reducing pregnancies and educating patients about the harmful effects isotretinoin can have on a fetus. These findings challenge a consensus found in the medical literature that the private program needed to be supplanted and contain implications for future risk-management policy in healthcare.


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