The ability to punish free-riders can increase the provision of public goods. However, sometimes, the benefit of increased public good provision is outweighed by the costs of punishments. One reason a group may punish to the point that net welfare is reduced is that punishment can express anger...

An emphasis on public-private partnership (PPP) in the regulatory policy process can overcome the challenges hindering regulatory effectiveness with the emergence of fast developing technologies and new industries. This study attempts to evaluate quantitatively different aspects of institutional...

The purpose of this paper is to detect the relevance degrees of formal and informal institutions at the level of local regulation, as well as their effects on the local companies' productivities. Indeed, by an analysis of the territory of the Ksar-Hellal town, we noted that informal...

As administrative burden's reduction (AB) is of crucial importance in order to ensure competitive conditions for national economies, measurement standardization and objectivity is a key component for the implementation of good regulation principles and administrative cost reduction....

After the Latin American Debt Crisis of 1982, the official response worldwide turned to minimum capital standards to promote stable banking systems. Despite their existence, however, such standards have still not prevented periodic disruptions in the banking sectors of various countries. After...

In der Juniausgabe 2012 veröffentlichte der Wirtschaftsdienst einen Aufsatz mit dem Titel 'Regulierung, Bildung und Wohlstand - der IW-Regulierungsindex'. Enrico Schöbel und Lars Petersen setzen sich damit kritisch auseinander und Dominik H. Enste und Jochen Wicher erläutern ihren Standpunkt...

In der Juniausgabe 2012 veröffentlichte der Wirtschaftsdienst einen Aufsatz mit dem Titel 'Regulierung, Bildung und Wohlstand - der IW-Regulierungsindex'. Enrico Schöbel und Lars Petersen setzen sich damit kritisch auseinander und Dominik H. Enste und Jochen Wicher erläutern ihren Standpunkt...

To reach the climate targets, the course towards a climate-neutral society must be set now. However, the current monitoring instruments in the Climate Change Act do not provide sufficient information to policymakers and society on the effectiveness of policy instruments and programs, as they...

Until recently, theorists considering the evolution of human cooperation have paid little attention to institutional punishment, a defining feature of large-scale human societies. Compared to individually-administered punishment, institutional punishment offers a unique potential advantage: the...