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In contrast to financial arbitrage, which causes prices of economically equivalent transactions to converge in the direction of one price, regulatory arbitrage does not lead to such price convergence. In contrast, regulatory arbitrage tends to produce two different prices for economically...
Persistent link: https://www.econbiz.de/10012869811
the concept of the creative economy with a view to paving the way for its better and more efficient regulation in the … regulation. The article concludes with some recommendations that are deemed useful for further debate and research in this area … regulation of the creative economy in the future …
Persistent link: https://www.econbiz.de/10013067201
-offs between litigation and regulation as modes of governance, including how laws change under each regime over time. Data on 1 … approach (litigation in the UK, regulation in the US), even within the domain of M&A law. Subject to strong limits on external … regulation and litigation, even for otherwise similar nations in a similar context, and that a combination of interest groups …
Persistent link: https://www.econbiz.de/10013150915
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This article strengthens Calabresi’s call for a bilateral relationship between law and economics with two claims. The first claim is that the fitness analysis of Law and Economics (“concept-based fitness”) requires studying legal reasons and reasoning. This is a remarkable difference with...
Persistent link: https://www.econbiz.de/10013244556
What does global trade mean for the environment of any particular place? It can produce place-based transformations that are both positive and negative. The Kuznets curve is often touted as a solution that resolves the conflict between trade promotion and environmental protection by purporting...
Persistent link: https://www.econbiz.de/10014166740
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Modern microeconomics foundations of industrial regulation policies were developed during the second half of the 19th … at this time was the participation of the State on the provision and regulation of this industry.In France, between the …
Persistent link: https://www.econbiz.de/10013143612
In this article I selectively survey the economic history literature on the rise of regulation in America during the … on the origins of Progressive Era regulation is consistent with the positive aspects of Austrian economics, largely … regulation. However, the normative implications of Austrian theory regarding the efficiency consequences of regulation are not …
Persistent link: https://www.econbiz.de/10015051914