Markets sometimes fail. But so do regulatory efforts to correct market failures. Sometimes regulations reach too far, condemning good activities as well as bad, and sometimes they don't reach far enough, allowing bad behavior to persist. In this highly instructive book, Thomas A. Lambert explains the pitfalls of both extremes while offering readers a manual of effective regulation, showing how the best regulation maximizes social welfare and minimizes social costs. Working like a physician, Lambert demonstrates how regulators should diagnose the underlying disease and identify its symptoms, potential remedies for it, and their side effects before selecting the regulation that offers the greatest net benefit. This book should be read by policymakers, students, and anyone else interested in understanding how the best regulations are crafted and why they work.

How to Regulate: A Guide for Policymakers

Lambert, Thomas A.

Administrative Law

Cambridge University Press

<p>Markets sometimes fail. But so do regulatory efforts to correct market failures. Sometimes regulations reach too far, condemning good activities as well as bad, and sometimes they don't reach far enough, allowing bad behavior to persist. In this highly instructive book, Thomas A. Lambert explains the pitfalls of both extremes while offering readers a manual of effective regulation, showing how the best regulation maximizes social welfare and minimizes social costs. Working like a physician, Lambert demonstrates how regulators should diagnose the underlying disease and identify its symptoms, potential remedies for it, and their side effects before selecting the regulation that offers the greatest net benefit. This book should be read by policymakers, students, and anyone else interested in understanding how the best regulations are crafted and why they work.</p>

How to Regulate

<p>The new edition of this casebook, which welcomes Thom Lambert as a coauthor, remains true to its original goals, in that it:</p>
<ul>
<li>Focuses more than other texts on lower-court interpretations and application of antitrust principles, minimizing the importance of older “classic cases” from the Supreme Court, except to the extent they influence antitrust today</li> <li>Makes use of materials from actual cases and real-life situations, materials such as complaints, expert reports, pleadings, and jury instructions</li> <li>Exposes the sorts of problems encountered (indeed, sometimes created) by lawyers who do not necessarily specialize in antitrust, but work in contract-related areas where antitrust concerns must be part of the attorney’s planning and drafting</li> <li>Emphasizes that modern antitrust continues to evolve as a branch of applied microeconomics, but also that the learning required to be economically literate is neither as complicated nor as lengthy as presented in other texts</li> <li>Is geared for a one-semester course by presenting the antitrust basics in an economical way, omitting material that pads many other texts but which an instructor typically will not have time to cover</li>
</ul>

Antitrust Law, Interpretation and Implementation, 5th (University Casebook Series)

Goetz, Charles J.

McChesney, Fred S.

Business

Foundation Press

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Books by Lambert, Thomas A.