World-Class Learning

Students will take part in interactive lessons, case studies, workshops, laboratories and a legislative clinic.


Active participation in class is strongly encouraged.

Attendance is mandatory and it is verified via the 1-minute paper (see more details on the 1-minute paper below). The exact schedule of the 1-minute paper will not be announced in advance. Yet, students are expected to hand-in at least 2/3 of the total amount of 1-minute papers collected.. Students in Palermo must send their 1-minute paper via email to the instructor immediately at the end of the class.

Failure to comply with this attendance rule compromises the student’s  chances of participating to the final internship and affect the modality of the  final exam.

The course benefits from the use of an interactive platform for distance learning ( enabling the students located in Palermo to follow and actively participate to classes, workshops, case-studies and laboratories.

"1-Minute Paper"

The 1-Minute Paper is a classroom assessment technique: within 1 minute, students must organize their thinking on the class’s major points. The exact question to be addressed of the paper can be changed for each class. The 1- minute paper is not a simple list of topics covered during class but it must be a concise summary of the class itself. 1-minute papers will be graded with either 2, 1 or 0 points.

  • 2 points means that the paper is concise but captures the key aspects of the class
  • 1 point means the paper is too concise or misses a fundamental aspect of the class
  • 0 point means that the paper has completely missed the content of the class. A simple list of topics falls in this category.

See here 3 samples of one good and two bad 1-minute papers. 

The marks will be added throughout the class and can contribute to increase your final mark to up to 3 additional points.

Final paper

By May 16, Students will have to hand-in via mail to ( a final paper. Its evaluation counts for 1/3 of the final mark.

You have to write the paper in teams. Each team must be made of -at least- 1 student studying law and 1 student studying economics. Teams must be between 3 and 5 persons each. Students have to register their team at this address: and shall come to Rizzolli’s office hours to discuss the topic of their final paper.

Each team must choose a particular industry or sector (examples include electricity, taxi, professions, consumer products, telecommunications, highways, railroads, Motor Vehicle Manufacturing, Oil & Gas, Air Transportation, Fishing, Pharmaceutical etc.) and prepare the paper using roughly the following outline:

                1. Survey of the current regulation of that particular sector (in a given country/area),

                2.  Discussion of potential improvements in regulation through better regulation tools. Legal, Economic and Behavioural arguments both theoretical and empirical should be used and applied.

                3. Ideally, each group should also develop original arguments and positions on the topic.

We expect the work to follow good editing standards for a typical literature review. Some good suggestions are available here: The paper should be at least 10 pages long (excluding bibliography) and you should use a 12pt easily readable (e.g., Times New Roman) font. Plagiarism will be checked using online tools such as Ithenticate. Any plagiarism will be severely reprimanded in accordance with LUMSA regulations.


The course ends with a month internship in an institution involved in better regulation (regulator, regulated firm or think tank). Only those who will have successfully attended enough classes (2/3 of 1-minute papers handed-in) and have worked on the Final paper will take part to the internship program. More details on the internship are on the specific page

Final exam

The final exam should be prepared through the PowerPoint presentations and readings (such as academic papers) uploaded in the FAD platform.

The final exam is intended to verify the understanding and acquisition of critical thinking skills on regulation. It also aims at evaluating the ability to read, understand, summarize and critically comment regulation or European and International documents on regulation; to interact and cooperate in study groups (specifically verified through the final paper and the active participation to the course); to relate and expose the learning outcomes.

The final exam will be written, with the possibility of an oral assessment for those who wish.

Attendees (Frequentanti) are those who check-in to at least 2/3 of classes for which presence is checked (via 1-minute paper or by other means). For attendees:

                • The final mark is an average between the final exam and final paper (1/3 final paper and 2/3 final exam).

                • The final mark can be increased by up to 3 points because of the 1-minute papers outcomes

                • In the final exam, attendees can pick 3 questions out of 5

                • You can take the exam as an attendee only during the summer exam session (June and July). In the following exam sessions everybody is a non-attendee.

Non Attendees (Non Frequentanti) are those who check-in to less than 2/3 of classes for which presence is checked (via 1-minute paper or other means). For NON- attendees:

                • The Non-attendee still has to do the final take-home paper. If the non-attendee student has not done the collective final paper, the student must ask the professor for an individual take-home paper that must be done BEFORE the final exam. The mark for the individual final paper is averaged with the final exam mark (1/5 take-home paper and 4/5 final exam)

                • No points for 1-minute paper

                • In the final exam, attendees must answer the 3 questions assigned.

Exam sessions:

Jun 5, 2 PM (Rome); June 14, 9 AM (Palermo)

Jun 27, 2 PM

July 13, 2 PM (Rome); July 18, 11 AM (Palermo)

September 14, 2 PM (Rome); September 12, 11 AM (Palermo)

September 27, 2 PM (Rome); September 26, 11 AM (Palermo)