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The remainder of this reply will proceed as follow: Section II will again lay out the simple intuition of the ECPR. Section III will reprise our model and its insights. section IV wil summerize Larson's critique. Section V will provide our response. Section IV will address some global issues...
Persistent link: https://www.econbiz.de/10005101674
We present new data on the regulation of entry of start-up firms in 75 countries. The data set contains information on … official costs of entry are extremely high in most countries. Countries with heavier regulation of entry have higher corruption … benevolent regulation, but support the (grabbing hand) view that entry regulation benefits politicans and bureaucrats. …
Persistent link: https://www.econbiz.de/10005245624
Persistent link: https://www.econbiz.de/10005198066
In the United States, risk regulation is separated into two components: risk assessment, the scientific or technical …
Persistent link: https://www.econbiz.de/10005776102
It is observed that many regulations specify the ratio of two variables, rather than the level of a single variable. This paper considers the design of such regulations.
Persistent link: https://www.econbiz.de/10005486592
It is observed that many regulations specify the ratio of two variables, rather than the level of a single variable. This paper considers the design of such regulations.
Persistent link: https://www.econbiz.de/10005545302
desirability of regulation. Thirdly, technological advances and financial innovations have made it easier for firms to engage in …, resulting in a less than socially optimal level of regulation overall. It is therefore important that national authorities …
Persistent link: https://www.econbiz.de/10005515393
This paper tries to describe the current status of the economic analysis of regulatory issues and uses it to describe the insights that can be produced by marriage of formal economic analysis and actual practice.
Persistent link: https://www.econbiz.de/10005478492
performance than privatisation alone. Regulation id inevitably inefficient, and adequately competitive network services may … sustain. Theory and evidence suggest that pricing network access and use is difficult., risking foreclosure without regulation …
Persistent link: https://www.econbiz.de/10005650516
-owned utility regulated by a public utility commission (PUC). Regulation by a PUC is modelled as a Nash equilibrium of a game …
Persistent link: https://www.econbiz.de/10005781102