Regulation and competition policy are two alternative modalities by which the state intervenes in the market. In order … varieties of market failures and identify those for which regulation is best address (cooperation failures such as The Fishing … regulation in jurisdictions where institutions are weak. The reasons are: information intensity and asymmetry being greater with …

This policy comment analyzes the risks and issues that might arise from the legal regulation of illegal narcotic and … regulation stakeholders and the influence of their interactions on regulation outcomes. Importantly, we look at the integration … of regulation towards the most vulnerable, while at the same time undermining the illegal market. We find that state …