
Insights into Regulation
Elegant regulation vs ‘retail politics’
A quick web-search for the meaning of the word elegant yields the following (from Oxford languages): Adjective : (1) graceful and stylish in appearance or manner; (2) (of a scientific theory or solution to a problem) pleasingly ingenious and simple. In a policy context, it’s the second meaning that is the relevant one. Our proposition is that elegance is a desirable evaluation criterion when assessing the conduct of public regulation