LAWS5215 Theory & Practice of Risk Regulation

Credit
6 points
Offering
(see Timetable)

If this unit does not have an online alternative, then students who are presently unable to enter Western Australia and whose studies would be delayed by an inability to complete this unit, should contact the unit coordinator (details given on this page) to ascertain, on an individual case-by-case basis, if alternate arrangements can be made to support their study in this unit.

AvailabilityLocationMode
Non-standard teaching periodUWA (Perth)Multi-mode Multiple modes of delivery. Unit includes a mix of online and on-campus study requirements. On campus attendance for some activities is required to complete this unit.
Details for undergraduate courses
  • Honours option in Law and Society [Bachelor of Arts (Honours)]
  • Honours option in Business Law [Bachelor of Commerce (Honours)]
Content
This unit covers major theories and practices of regulation such as principles-based and rules-based regulation, statutory regulation, market-based regulation and self-regulatory schemes. It explores the realm of public, private and hybrid regulatory initiatives, where public and private entities collaborate or compete. Against this general theoretical background, the unit focuses on the regulation of risks. Whether one is discussing climate change, the rise of new technologies such as Artificial Intelligence, the role of expertise in government, the safety and efficacy of therapeutic goods, emerging diseases and pandemics, or the prospect of financial crises, a narrative of risk permeates public discourse. Attitudes towards risk can vary considerably, entailing very different uses of legal and regulatory instruments. This unit provides a comprehensive coverage of theoretical backgrounds and practical examples of regulatory frameworks for the prevention, assessment, management of, and reaction to, a broad range of risks. As it is in the nature of risks to transcend borders, there is a strong focus on the transnational dimension of their regulation.
Outcomes
Students are able to (1) apply key regulatory theories in scenarios involving potential risks; (2) analyse concepts and theories underpinning the identification of emerging risks; (3) assess the role of public, private and hybrid organisations in the creation and implementation of domestic and transnational risk regulation; and (4) develop convincing, coherent and consistent arguments applying complex policy and regulatory frameworks for the prevention, assessment, management of, and reaction to, selected risks.
Assessment
Indicative assessments in this unit are as follows: (1) participation; (2) assignment; and (3) research paper. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit Coordinator(s)
Dr Marco Rizzi
Contact hours
Students must attend every day of the intensive period 6 - 8 April, plus 16 April
  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • Unit readings, including any essential textbooks, are listed in the unit outline for each unit, one week prior the commencement of study. The unit outline will be available via the LMS and the UWA Handbook one week prior the commencement of study. Reading lists and essential textbooks are subject to change each semester. Information on essential textbooks will also be made available on the Essential Textbooks. This website is updated regularly in the lead up to semester so content may change. It is recommended that students purchase essential textbooks for convenience due to the frequency with which they will be required during the unit. A limited number of textbooks will be made available from the Library in print and will also be made available online wherever possible. Essential textbooks can be purchased from the commercial vendors to secure the best deal. The Student Guild can provide assistance on where to purchase books if required. Books can be purchased second hand at the Guild Secondhand bookshop (second floor, Guild Village), which is located on campus.