Date: Thursday 25 February 2010
Time: 1.05pm
Venue: Hong Kong Theatre, Clement House
Speakers: Professor Robert Baldwin, Julia Black

In this lunchtime series of lectures, a selection of LSE's academics from across the spectrum of the social sciences explain the latest thinking on how social scientists work to address the critical problems of the day. They survey the leading ideas and contributions made by their discipline, explain the types of problems that are addressed and the tools that are used, and explore the kinds of solutions proposed.

Risk-based regulation is popular with governments but has come under new scrutiny after the credit crisis. For lawyers a special concern is how risk-based regulation can be applied on the ground in a manner that attunes the logic of risk-based regulation with the practical challenges and the messiness of real-life regulatory scenarios.
This lecture puts forward a framework for applying risk-based regulation in a way that is 'really responsive' to the practical challenges that regulators face. In doing so it demonstrates the ways that lawyers think about the application of laws and rules on the ground. It shows the extent to which lawyers' concerns go beyond analyses of the law as found in statutes and the courts.

Robert Baldwin is a professor of law at the LSE where he teaches Regulation and Criminal Law at undergraduate and graduate levels. He has published and consulted widely on regulation and is director of the LSE's Short Course on Regulation. His books include: Regulating the Airlines, (Oxford, University Press, 1985); Rules and Government, (Oxford University Press, 1995); Law and Uncertainty (Kluwer, 1996); Understanding Regulation, (Oxford University Press, 1999 with Martin Cave) and The Government of Risk (Oxford University Press, 2001 with Christopher Hood and Henry Rothstein).

Julia Black joined the law department in 1994. She completed her first degree in Jurisprudence and her DPhil at Oxford University. Her primary research interest is regulation. In 2001-2 she received a British Academy / Leverhulme Trust Senior Research Fellowship and in 2007-8 was a Visiting Fellow at All Souls College, Oxford. She has written extensively in the area of regulation, and also advised policy makers, consumer bodies and regulators on issues of institutional design and regulatory policy. She is also a research associate of the ESRC Centre for the Analysis of Risk and Regulation (CARR), based at LSE.

This series of lectures is supported by Sage Publications. LSE is grateful for their support.

The last lecture in this series, Risk versus responsibility in the regulation of the company will take place on Thursday 4 March.

A list of all the lectures in the Thinking Like a Social Scientist lunchtime lecture series can be found here.

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