Full Disclosure

List of Figures and Tables		page x
Preface		xi
1	Governance by Transparency	1
	The New Power of Information	1
	Transparency Informs Choice	5
	Transparency as Missed Opportunity	7
	A Real-Time Experiment	10
	Transparency Success and Failure	14
	How the Book Is Organized	15
2	An Unlikely Policy Innovation	19
	An Unplanned Invention	20
	The Struggle Toward Openness	24
	Why Disclosure?	30
3	Designing Transparency Policies	35
	Improving On-the-Job Safety: One Goal, Many Methods	35
	Disclosure to Create Incentives for Change	37
	What Targeted Transparency Policies Have in Common	39
	Standards, Market Incentives, or Targeted Transparency?	46
4	What Makes Transparency Work?	50
	A Complex Chain Reaction	51
	New Information Embedded in User Decisions	54
	New Information Embedded in Discloser Decisions	65
	Obstacles: Preferences, Biases, and Games	71
	How Do Transparency Policies Measure Up?	74
	Crafting Effective Transparency Policies	90
5	What Makes Transparency Sustainable?	106
	Crisis Drives Financial Disclosure Improvements	107
	Sustainable Policies	109
	The Politics of Disclosure	110
	Humble Beginnings: Prospects for Sustainable Transparency	112
	Two Illustrations	115
	Shifting Conditions Drive Changes in Sustainability	118
6	International Transparency	127
	How Do International Transparency Policies Work?	129
	Why Now?	130
	From Private Committee to Public Mandate: International Corporate Financial Reporting	133
	Improving a Moribund System: International Disease Reporting	141
	The Limits of International Transparency : Labeling Genetically Modified Foods	145
7	Toward Collaborative Transparency	151
	Innovation at the Edge	152
	Technology Expands Capacities of Users, Disclosers, and Government	154
	Four Emerging Policies	158
	Challenges to Collaborative Transparency	164
	New Roles for Users, Disclosers, and Government	166
	Looking Ahead: Complementary Generations of Transparency	169
8	Targeted Transparency in the Information Age	170
	Two Possible Futures	171
	When Transparency Won’t Work	173
	Crafting Effective Policies	176
	The Road Ahead	180
	Appendix: Eighteen Major Cases	183
	Targeted Transparency in the United States	183
	Targeted Transparency in the International Context	208
Notes		217
Bibliography		257
Index		275

Details

Library of Congress

The Perils and Promise of Transparency

Archon Fung

Harvard University, Massachusetts

Mary Graham

Harvard University, Massachusetts

David Weil

Boston University

Hardback

In stock

$29.99 (G)

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