A Treatise on the Theory of Regulatory Compliance

Abstract

This treatise provides some insights into certain assumptions related to regulatory compliance and the implications for regulatory researchers and policy-makers for the future development of rules and regulations. Once regulatory compliance decision making moves from requiring full compliance with all rules to a substantial regulatory compliance decision making approach, the measurement and monitoring systems employed to assess programs and facilities change dramatically.

Keywords: regulatory compliance, risk assessment, key indicators, licensing, monitoring, measurement, public economics, general economics and teaching