Exam 13: Regulation and the Courts

What two main regulatory approaches are used by administrative agencies?

Can regulations be arbitrarily imposed?

In the past fifty years, which two presidential administrations have been most in favor of using cost-benefit analysis in an attempt to reduce government regulations?

When administrative agencies use adjudication, they ______.

______ refers to an agency setting forth broad standards that apply to all persons and organizations meeting certain guidelines.

Regulatory administration revolves around ______.

Antitrust laws are designed to ______.

How is expertise relevant to regulation?

When does capture enhance the ability of the regulatory bodies to oversee the activities of private companies?

Regulatory administration revolves around all of the following main values EXCEPT ______.

The courts have tended to attribute intentions to Congress that are not apparent in the language of statutes.

What offers this blanket authorization: "A person suffering legal wrong because of agency action, or adversely affected or aggrieved by agency action within the meaning of a relevant statute, is entitled to judicial review thereof"?

In contrast to government agencies that develop agendas of priorities to bring about certain goals, the role of the courts in the regulatory system is largely passive, because ______.

Adjudication means that an agency sets forth broad standards that apply to all persons and organizations meeting certain guidelines.