Activist NGOs increasingly oppose industrial projects that were approved by public regulators. We develop a model that explains this phenomenon. We consider a potentially-harmful industrial project that is subject to regulatory approval. The regulator can be influenced by the industry, and may...

<i>В статье раскрывается понятие «публичное регулирование», «публичное управление» и «публичная власть», анализируется соотношение и значение этих понятий. Автор...</i>

In recent years we have witnessed several reforms in network industries, as privatization, regulatory changes and opening to competition in certain segments of the value chain. In sectors such as electricity and gas, this opening to competition is possible only in certain activities (i.e....