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Harberger triangles are used to calculate the efficiency costs of taxes, government regulations, monopolistic practices, and various other market distortions. This paper considers the historical development of Harberger triangles, the associated theoretical controversies, and the contribution of...
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Regulation regimes subject to the influence of interest groups are compared. It is shown that the allocation of the …
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This chapter discusses the three themes of economics research on regulation. The first and oldest deals with market … research: regulation as practiced commonly has been found to be inefficient and to adopt methods that do not appear to be the … employ. Regardless of the motives of political actors, an essential ingredient to a theory of regulatory policy when the …
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