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Brighter and Darker Sides of Intermediation

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  • Jeroen van der Heijden

Abstract

This article addresses two specific puzzles in the area of regulation. The first is the engagement of regulatory intermediaries by the targets of regulation. The second is a tendency for regulatory intermediaries, once added to the regulatory landscape, to expand their roles independently and for reasons of self-interest. The article offers important insights into the roles, opportunities, and constraints of regulatory intermediaries, particularly because it moves beyond the unidirectional understanding of the regulatory process that is at the base of the RIT model. After exploring both puzzles, the article discusses how (target-oriented or self-interested) intermediation may increase the complexity and impact of regulatory capture. It concludes, however, that while the model of intermediation is sometimes flawed, regulators and targets are generally better off with the involvement of regulatory intermediaries than without it.

Suggested Citation

  • Jeroen van der Heijden, 2017. "Brighter and Darker Sides of Intermediation," The ANNALS of the American Academy of Political and Social Science, , vol. 670(1), pages 207-224, March.
    • Handle: RePEc:sae:anname:v:670:y:2017:i:1:p:207-224
    DOI: 10.1177/0002716217693583
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    References listed on IDEAS

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    1. Graeme Auld & Stefan Renckens, 2017. "Rule-Making Feedbacks through Intermediation and Evaluation in Transnational Private Governance," The ANNALS of the American Academy of Political and Social Science, , vol. 670(1), pages 93-111, March.
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    3. Richard A. Posner, 1974. "Theories of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 5(2), pages 335-358, Autumn.
    4. Baldwin, Robert & Cave, Martin & Lodge, Martin, 2011. "Understanding Regulation: Theory, Strategy, and Practice," OUP Catalogue, Oxford University Press, edition 2, number 9780199576098, December.
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    Cited by:

    1. Luc Brès & Sébastien Mena & Marie‐Laure Salles‐Djelic, 2019. "Exploring the formal and informal roles of regulatory intermediaries in transnational multistakeholder regulation," Regulation & Governance, John Wiley & Sons, vol. 13(2), pages 127-140, June.

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