What have market devices got to do with public policy? For regulation, market devices and policy instruments collection

McFall, Liz (2014). What have market devices got to do with public policy? For regulation, market devices and policy instruments collection. In: Halpern, Charlotte; Lascoumes, Pierre and Le Galès, Patrick eds. L'Instrumentation de l'Action Publique: Controverses, Résistances, Effets. Paris: Les Presses de Sciences Po, pp. 119–142.

URL: http://www.cairn.info/l-iInstrumentation-de-l-acti...

Abstract

This chapter explores the tensions and overlaps between the literature on policy instruments and that on market devices to show that despite their differences they share a concern with the politics and regulation of markets. While the instruments literature has followed a tight or parsimonious analytical approach the devices literature has adopted a radically inclusive approach to defining the relevant objects of analysis. This opens up questions about the manageability of analysing such extended and encompassing devices. Allied to this are questions about how individuals and their dispositions are accommodated in devices as this capacity is crucial to effective regulation and policy design.

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