We extend the economic theory of regulation to allow for strategic self-regulation that preempts political action. When political "entry" is costly for consumer, firms can deter it through voluntary restraints. Unlike standard entry models, deterrence is achieved by over-investing to raise the...

Liberal democracies are increasingly considering internet filtering as a means to assert state control over online information exchanges. A variety of filtering techniques have been implemented in Western states to prevent access to certain content deemed harmful. This development poses a series...

Private politics are often introduced by market participants in the absence of public regulation. But when is private politics enough, efficient, or better than administratively costly public regulation? We present a novel framework in which we can study the interaction between regulation,...