My central thesis is that regulation may be insightfully classified into three broad types of response to perceived market failure, and I will merely touch examples of each. The first is protection of competitive results. I shall focus on natural monopoly regulation, although anti-trust would do as well. The second is protection from competitive results, such as entry control and setting of minimum prices. The third is regulation of externalities such as pollution and accidents arising as byproducts of more usual production
Once upon a time, people believed that the government regulated various indus tries in the public i...
Commenting on Thomas E. Kauper\u27s Antitrust: Economic Regulation or Deregulator? Professor Payto...
It is common to view "the free market" and "government regulation" as opposites. This way of framing...
Regulation includes the many ways in which governments interfere with the activities of economic act...
textabstractAbstract This chapter provides a general framework to analyze regulation with a law and ...
The regulation of economic life, whether through law or politics, has been a fixture of daily life f...
Commenting on Peter O. Steiner\u27s The Legalization of American Society: Economic Regulation Prof...
In the quarter-century that SLS has been published, regulation has emerged as a new, and for many ex...
The economics literature contains no consistent, generally accepted definition of regulation. Some s...
The comparison of the three labor regulatory regimes raises an interesting counterexample to the tra...
In this thesis I begin by examining the causes of the crisis as expounded in the current economic li...
One often meets the view that economic regulation should be understood in terms of Pareto efficienc...
Since the 2008 financial crisis, it has been widely accepted that regulation is necessary for the fu...
This chapter reviews a range of topics connected to the justification of government regulation, incl...
Deregulation and Regulatory Reform during the 1980s According to political and journalistic rhetoric...
Once upon a time, people believed that the government regulated various indus tries in the public i...
Commenting on Thomas E. Kauper\u27s Antitrust: Economic Regulation or Deregulator? Professor Payto...
It is common to view "the free market" and "government regulation" as opposites. This way of framing...
Regulation includes the many ways in which governments interfere with the activities of economic act...
textabstractAbstract This chapter provides a general framework to analyze regulation with a law and ...
The regulation of economic life, whether through law or politics, has been a fixture of daily life f...
Commenting on Peter O. Steiner\u27s The Legalization of American Society: Economic Regulation Prof...
In the quarter-century that SLS has been published, regulation has emerged as a new, and for many ex...
The economics literature contains no consistent, generally accepted definition of regulation. Some s...
The comparison of the three labor regulatory regimes raises an interesting counterexample to the tra...
In this thesis I begin by examining the causes of the crisis as expounded in the current economic li...
One often meets the view that economic regulation should be understood in terms of Pareto efficienc...
Since the 2008 financial crisis, it has been widely accepted that regulation is necessary for the fu...
This chapter reviews a range of topics connected to the justification of government regulation, incl...
Deregulation and Regulatory Reform during the 1980s According to political and journalistic rhetoric...
Once upon a time, people believed that the government regulated various indus tries in the public i...
Commenting on Thomas E. Kauper\u27s Antitrust: Economic Regulation or Deregulator? Professor Payto...
It is common to view "the free market" and "government regulation" as opposites. This way of framing...