Open Access
Behavioural analysis and regulatory impact assessment
Loading...
Files
Behavioural_analysis_Art_2024.pdf (202.2 KB)
Full text in Open Access, Published version
License
Attribution 4.0 International
Cadmus Permanent Link
Full-text via DOI
ISBN
ISSN
1867-299X; 2190-8249
Issue Date
Type of Publication
Keyword(s)
LC Subject Heading
Other Topic(s)
EUI Research Cluster(s)
Initial version
Published version
Succeeding version
Preceding version
Published version part
Earlier different version
Initial format
Author(s)
Citation
European journal of risk regulation, 2024, Vol. 15, No. 4, pp. 950-965
Cite
DRUMMOND, James, RADAELLI, Claudio M., Behavioural analysis and regulatory impact assessment, European journal of risk regulation, 2024, Vol. 15, No. 4, pp. 950-965 - https://hdl.handle.net/1814/76758
Abstract
Regulatory impact assessment (RIA) is an appraisal tool to bring evidence to bear on regulatory decisions. A key property of RIA is that is corrects errors in reasoning by pushing regulators towards deliberative thinking to override intuitive judgments. However, the steps for regulatory analysis suggested by international organisations and governmental handbooks do not handle two sources of bias and barriers that are well documented in the literature on behavioural insights. First, bias enters the process via knowledge production during the analytical process of assessment. Second, bias affects knowledge utilisation when regulators “read” or utilise the results of RIA. We explore these two pathways by focusing on drivers of behaviour rather than lists of biases. The conclusions reflect on the limitations of current practice and its possible improvement, making suggestions for an RIA architecture that is fully informed by behavioural analysis.
Table of Contents
Additional Information
Published online: 22 March 2024
External Links
Publisher
Version
Research Projects
Sponsorship and Funder Information
This article was published Open Access with the support from the EUI Library through the CRUI - CUP Transformative Agreement (2023-2025)