wider context scrutinised to assess potential consequences. Current risk regulation and GM legislation is narrowly defined …

The need for continuous monitoring and regulation is particularly attributed to, and justified by, the inevitable … presence of risks and uncertainty – both in terms of certain externalities and indeterminacies which are capable of being … at countering problems of risk regulation. It will approach these issues through an assessment of explanations put …

regulation in a monopolized industry is only affected by their own risk tolerance of uncertainty and the cost of information; 2 … the evaluation of the regulatory policy from the perspective of the organizational cost under uncertainty. In this paper I …. when the regulation is enacted in a more competitive market, the cost of information would raise with a higher expected …

aversion for frequent policy reversals. Imposing an irreversibility constraint on the control space makes the lagged interest …