Notice & Comment

Symposia

Notice & Comment

Health, Development, and the International Standardization Process

With Engineering Rules, JoAnne Yates and Craig Murphy have contributed an important volume analyzing the history of standardization generally, and with tailored historical insights for individual standard-setting bodies, consortia, and entrepreneurs.  The compilation, identification, and preservation of new primary materials will no doubt be of enormous aid to future scholars. They are to be congratulated […]

Notice & Comment

Introduction to Book Symposium: JoAnne Yates and Craig N. Murphy’s Engineering Rules: Global Standard Setting since 1880

I’m delighted to announce that over the next week and a half, we’re hosting an online symposium on JoAnne Yates and Craig N. Murphy‘s fascinating new book, Engineering Rules: Global Standard Setting since 1880. Yates is the Sloan Distinguished Professor of Management and a Professor of Work and Organization Studies and Managerial Communication at the MIT Sloan School of […]

Notice & Comment

Procedural Politicking and Auer Deference

Rachel Potter’s new book Bending the Rules: Procedural Politicking in the Bureaucracy is an absolute must-read for those interested in agency rulemaking and in administrative law and regulatory practice more generally. As the title suggests, the book explores empirically and theoretically how agency officials — both career civil servants and political appointees — leverage procedural […]

Notice & Comment

Bending the Rules: Procedural Politicking or Bureaucratic Perfidy (Part II), by Bernard Bell

In Bending the Rules: Procedural Politicking in the Bureaucracy, Rachel Potter examines agency strategies for coping with presidential, congressional, and judicial review of their proposed rules.  Scholars have long thought that agencies substantively moderate their rules to anticipate concerns likely to be raised in the course of the political process and subsequent litigation.  Prof. Potter […]

Notice & Comment

The Revenge of the Enacting Coalition, by Stuart Shapiro

The question of how political actors can overcome the principal-agent problem and “control” bureaucratic decisions has long fascinated political scientists.  In 1987, Matthew McCubbins, Roger Noll, and Barry Weingast (often referred to as “McNollgast”) put forth an argument regarding the use of procedures by legislatures to constrain bureaucratic behavior.  They maintained that by requiring agencies […]

Notice & Comment

Considering Regulators in Research on Regulation, by Christopher Carrigan

Regulatory scholars have traditionally viewed the three primary actors in the regulatory process – political overseers, regulatory agencies, and regulated entities – as operating in a set of nested principal-agent relationships. In the first, the overseer, which might be Congress, the president, or the courts, functions as the principal, and the regulator is the agent. […]

Notice & Comment

Bending the Rules: Procedural Politicking or Bureaucratic Perfidy (Part I), by Bernard Bell

“Procedures are politics.”  P. 201. Rachel Potter’s book, Bending the Rules: Procedural Politicking in the Bureaucracy, examines agencies’ choices in structuring their rulemaking processes.  One might assume that each agency follows a consistent procedure across all its rulemakings, but Prof. Potter suggests otherwise.  For instance, comment periods often vary greatly, p. 119, as do choices […]

Notice & Comment

Introduction to Book Symposium: Rachel A. Potter’s Bending the Rules: Procedural Politicking in the Bureaucracy

This week, we’re hosting a web symposium on Dr. Rachel A. Potter’s new book, Bending the Rules: Procedural Politicking in the Bureaucracy (University of Chicago Press). Dr. Potter is an Assistant Professor of Politics at the University of Virginia. Prior to her academic career, she worked for the White House Office of Management and Budget (OMB) in […]

Notice & Comment

Indexes, Delegated Management, and Corporate Governance, by Scott Hirst and Kobi Kastiel

We are delighted to contribute to this symposium. Adriana Roberton’s article, Passive in Name Only, sheds important light on an overlooked but important part of the investment ecosystem, index providers. Our article, Corporate Governance by Index Exclusion, recently published in the Boston University Law Review, expands on the core message of Robertson’s article, that indexes […]

Notice & Comment

Delegating Portfolio Management to Index Creators: The Consequences for Corporate Governance, by Dorothy Lund

The recent popularity of index investing and corresponding influx of assets into passively managed mutual funds has generated a large literature in law and in finance about the implications for securities markets, antitrust, corporate governance, and beyond. But few have explored the index landscape itself. Professor Robertson’s article is an important exception, and her findings—in […]

Notice & Comment

A Concluding Post on Federal Agency Guidance and the Power to Bind, by Nicholas R. Parrillo

Over the last few weeks, Notice and Comment has hosted a symposium with contributions from fourteen scholars on the binding power of federal agency guidance, using as a focal point my article “Federal Agency Guidance and the Power to Bind,” recently published in the Yale Journal on Regulation.  The contributions, many of which draw from […]

Notice & Comment

A Belated Contribution to the Symposium on Federal Agency Guidance and the Power to Bind

I have learned a lot from the articles in which Nick Parrillo summarized and built on the valuable empirical study of guidance documents that he conducted for ACUS and from the many comments on Nick’s work that scholars have published in the Notice and Comment symposium on Nick’s work. I hope to add to that […]