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Voting : a study of opinion formation in a presidential campaign
Berelson, Bernard R.; Lazarsfeld, Paul Felix; McPhee, … - 1966
Persistent link: https://www.econbiz.de/10000628608
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Financial Regulation and Cost-Benefit Analysis : A Comment
Sunstein, Cass R. - 2014
Many regulators have concluded that cost-benefit analysis is the best available method for capturing the welfare effects of regulations. It is therefore understandable that in recent years, some people have been interested in requiring financial regulators to engage in careful cost-benefit...
Persistent link: https://www.econbiz.de/10013054943
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Interests, Bias, and Consensus in Science and Regulation
Socol, Yehoshua - 2020
Scientists are human. As such, they are prone to bias based on political and economic interests. While conflicts of interest are usually associated with private funding, research funded by public sources is also subject to special interests and therefore prone to bias. Such bias may lead to...
Persistent link: https://www.econbiz.de/10012834243
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Institutionalized Corruption and the Kleptocratic State
Charap, Joshua - 2006
This paper argues that corruption patterns are endogenous to political structures. Thus, corruption can be systemic and planned rather than decentralized and coincidental. In an economic system without law or property rights, a kleptocratic state may arise as a predatory hierarchy from a state...
Persistent link: https://www.econbiz.de/10012782606
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Electoral Cycles in Macroprudential Regulation
Müller, Karsten - 2020
Do politics matter for macroprudential policies? I show that changes in macroprudential regulation exhibit a …
Persistent link: https://www.econbiz.de/10012852520
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Regulation As Delegation
Bar-Gill, Oren - 2015
-Agent Theory (BPAT), a great deal of modern regulation can be helpfully evaluated as a hypothetical delegation. Shifting from …
Persistent link: https://www.econbiz.de/10013027459
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Investing in influence : how minority interests can prevail in a democracy
Skaperdas, Stergios; Vaidya, Samarth - 2021
How can the West's economic and political polarization be explained? We argue that persuasive lobbying at various levels of government leads to systematic deviations of policies from those desired by the majority. Implemented policies diverge from the majority position despite centripetal forces...
Persistent link: https://www.econbiz.de/10012649786
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Stigler's Theory of Economic Regulation After Fifty Years
Peltzman, Sam - 2021
George Stigler’s “The Theory of Economic Regulation” (1971) is a landmark in the economics of regulation. It used … simple public choice reasoning to set out the “capture theory” of regulation whereby “… as a rule, regulation is acquired by … central argument is the need to distinguish “acquired” from “designed and operated.” The rule that regulation is produced in …
Persistent link: https://www.econbiz.de/10013241464
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Electoral Cycles in Macroprudential Regulation
Müller, Karsten - 2021
Do politics matter for macroprudential policy? I show that changes to macroprudential regulation exhibit a predictable …
Persistent link: https://www.econbiz.de/10013315065
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Electoral cycles in macroprudential regulation
Müller, Karsten - 2019
Do politics matter for macroprudential policy? I show that changes to macroprudential regulation exhibit a predictable …
Persistent link: https://www.econbiz.de/10012135983