In industries where government oversight is extensive—such as financial services, pharmaceuticals, freight rail and insurance—the idea of industry self-regulation may seem unnecessary or redundant.

Industry self-regulation, a form of “soft law,” has long been a key element in the governance of the U.S. economy, offering businesses a vehicle to establish and enforce standards that enhance ...

Regulations are the product of negotiations and agreements. It is widely recognized that regulation involves more than just coercion and punishment and that regulators rely on a variety of soft, ...

“Almost nonexistent” is how one educator describes current students’ self-regulation skills. It is a sentiment that is apparently shared by many others. Self-regulation, or the ability to understand ...