Event Title

When the Exception Becomes the Rule: Regulatory Equity and the Formulation of Energy Policy Through an Exceptions Process

Presenter Information

Peter H. Schuck

Location

Duke Law School

Start Date

2-3-1984 9:00 AM

End Date

2-3-1984 10:15 AM

Description

Regulatory programs exacerbate the inherent conflict between the values associated with rules and with equity. This conflict is especially acute in programs, like petroleum price and allocation regulation, that regulate complex transactions between diverse firms in a volatile market. Professor Schuck examines one technique for achieving regulatory equity-an exceptions process - in that context. After exploring the different limitations of rules and the relationship between regulatory equity and related concepts, including discretion, judicial equity and agency adjudication, Professor Schuck presents four detailed case studies of the exceptions process in petroleum regulation. He demonstrates that the exceptions process did enhance regulatory equity in that program but also jeopardized important administrative law values.

Comments

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Related Paper

Peter H. Schuck, When the Exception Becomes the Rule: Regulatory Equity and the Formulation of Energy Policy Through an Exceptions Process, 1984 Duke Law Journal163-300 (1984)

Available at: http://scholarship.law.duke.edu/dlj/vol33/iss2/1


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Mar 2nd, 9:00 AM Mar 2nd, 10:15 AM

When the Exception Becomes the Rule: Regulatory Equity and the Formulation of Energy Policy Through an Exceptions Process

Duke Law School

Regulatory programs exacerbate the inherent conflict between the values associated with rules and with equity. This conflict is especially acute in programs, like petroleum price and allocation regulation, that regulate complex transactions between diverse firms in a volatile market. Professor Schuck examines one technique for achieving regulatory equity-an exceptions process - in that context. After exploring the different limitations of rules and the relationship between regulatory equity and related concepts, including discretion, judicial equity and agency adjudication, Professor Schuck presents four detailed case studies of the exceptions process in petroleum regulation. He demonstrates that the exceptions process did enhance regulatory equity in that program but also jeopardized important administrative law values.