incidence violates traditional versions of the economic theory of regulation. Organized subgroups should be able to protect … principal reasons, one requiring a refinement of the theory. The first is that under regulation the incentives of both …. Political cohesion, and hence changes, become more difficult to achieve. The second reason and theory refinement is that rent …

In this chapter, our goal is to discuss whether and how bank lobbying in the United States leads to regulatory capture …. First, we provide an overview of the importance of and motivations behind bank lobbying. Second, we examine the impact of … lobbying on banking regulation and supervision by reviewing recent empirical evidence. Third, we discuss the effect of the …

In this paper, we discuss whether and how bank lobbying can lead to regulatory capture and have real consequences … through an overview of the motivations behind bank lobbying and of recent empirical evidence on the subject. Overall, the … interpreted as a call for an outright ban of lobbying, they point in the direction of a need for rethinking the framework …

This article examines several of the key hypotheses suggested by the race to the bottom theory in environmental … regulatory behavior, states do not respond in the asymmetric manner suggested by the race to the bottom theory …