television regulation in light of these developments. It surveys the dismal empirical record on the effects of price regulation …

this separation interact with the regulation of the product market. The main issue to be addressed here is how the degree …

and gas. The Paper argues that there is unfinished business in the areas of regulation, restructuring, encouraging proper … risk management through contracting, and designing markets and regulation to ensure effective and sustainable competition …

absence of any regulation, private investment decisions on capacity unambiguously lead to a socially sub-optimal outcome, and …

Attempts to curb illegal activity through regulation gets complicated when agents can adapt to circumvent enforcement …

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation … changes in the direction of R&D, and find that regulation's negative effects only matter for incremental innovation (as …

efficiency arguments are questionable, because of the disemployment effects of strict regulation. Regulation is better explained … rationally desires strict regulation to divert rent from other groups such as the skilled workers and the unemployed. Legal … tradition. Given a predisposition to intervene, these countries begin with some degree of labour regulation, which then creates …