Resumé
Originalsprog | Engelsk |
---|---|
Tidsskrift | Regulation & Governance |
Vol/bind | 12 |
Udgave nummer | 3 |
Sider (fra-til) | 371-394 |
Antal sider | 24 |
ISSN | 1748-5983 |
DOI | |
Status | Udgivet - sep. 2018 |
Bibliografisk note
Published online: 7. June 2017Emneord
- Incident reporting
- Meta-regulation
- Norway
- Oil and gas industry
- Uncertainty
Citer dette
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Regulation under Uncertainty : The Coevolution of Industry and Regulation. / Sabel, Charles; Herrigel, Gary; Hull Kristensen, Peer.
I: Regulation & Governance, Bind 12, Nr. 3, 09.2018, s. 371-394.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › peer review
TY - JOUR
T1 - Regulation under Uncertainty
T2 - The Coevolution of Industry and Regulation
AU - Sabel, Charles
AU - Herrigel, Gary
AU - Hull Kristensen, Peer
N1 - Published online: 7. June 2017
PY - 2018/9
Y1 - 2018/9
N2 - As production and design disintegrate and become more collaborative, involving dynamic relations between customers and firms supplying complex subsystems and service, products and production methods become more innovative but also more hazardous. The inadvertent co-production of latent hazards by independent firms is forcing firms and regulators to address the problem of uncertainty – the inability to anticipate, much less assign a probability to future states of the world – more directly than before. Under uncertainty, neither the regulator nor the regulated firms know what needs to be done. The regulator must induce firms to systematically canvas their practices and identify potential hazards. But recognizing the fallibility of all such efforts, the regulator must further foster the institutionalization of incident or event reporting procedures: systems to register failures in products or production processes that could be precursors to catastrophe; to trace out and correct their root causes; to alert others in similar situations to the potential hazard; and to make certain that countermeasures to ensure the safety of current operations are taken and the design requirements for the next generation of the implicated components or installations are updated accordingly. In this essay we develop these arguments and look closely at changes in the Norwegian offshore oil and gas industry and its regulator, the Petroleum Safety Authority to better understand the coevolution of vertically disintegrated industry and new forms of regulation.
AB - As production and design disintegrate and become more collaborative, involving dynamic relations between customers and firms supplying complex subsystems and service, products and production methods become more innovative but also more hazardous. The inadvertent co-production of latent hazards by independent firms is forcing firms and regulators to address the problem of uncertainty – the inability to anticipate, much less assign a probability to future states of the world – more directly than before. Under uncertainty, neither the regulator nor the regulated firms know what needs to be done. The regulator must induce firms to systematically canvas their practices and identify potential hazards. But recognizing the fallibility of all such efforts, the regulator must further foster the institutionalization of incident or event reporting procedures: systems to register failures in products or production processes that could be precursors to catastrophe; to trace out and correct their root causes; to alert others in similar situations to the potential hazard; and to make certain that countermeasures to ensure the safety of current operations are taken and the design requirements for the next generation of the implicated components or installations are updated accordingly. In this essay we develop these arguments and look closely at changes in the Norwegian offshore oil and gas industry and its regulator, the Petroleum Safety Authority to better understand the coevolution of vertically disintegrated industry and new forms of regulation.
KW - Incident reporting
KW - Meta-regulation
KW - Norway
KW - Oil and gas industry
KW - Uncertainty
KW - Incident reporting
KW - Meta-regulation
KW - Norway
KW - Oil and gas industry
KW - Uncertainty
UR - https://sfx-45cbs.hosted.exlibrisgroup.com/45cbs?url_ver=Z39.88-2004&url_ctx_fmt=info:ofi/fmt:kev:mtx:ctx&ctx_enc=info:ofi/enc:UTF-8&ctx_ver=Z39.88-2004&rfr_id=info:sid/sfxit.com:azlist&sfx.ignore_date_threshold=1&rft.object_id=1000000000278740&rft.object_portfolio_id=&svc.holdings=yes&svc.fulltext=yes
U2 - 10.1111/rego.12146
DO - 10.1111/rego.12146
M3 - Journal article
VL - 12
SP - 371
EP - 394
JO - Regulation & Governance
JF - Regulation & Governance
SN - 1748-5983
IS - 3
ER -