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Everywhere in the world, residents want better and cheaper taxi services. But what they mean by better services and how they think prices could be lowered varies widely from one city to the other. These differences underline the specific issues both regulators and taxi operators have to address...
Persistent link: https://www.econbiz.de/10008805906
1. Several market failures would justify some forms of price control and entry regulation in the taxicab industry … regulation to changing market conditions. Hence, faced with a sclerotic service supply, several cities and countries have … thoroughly deregulated their taxi industry... only to gradually bring back some elements of regulation later on. Since the late …
Persistent link: https://www.econbiz.de/10008805912
Depression, why the regulation put in place then was successful in addressing market failures, but how, over time, especially …
Persistent link: https://www.econbiz.de/10008829846
relating to financial bubbles and financial regulation. Findings – The author offers suggestions on how to rebuild the global …
Persistent link: https://www.econbiz.de/10008830015
markets and better domestic and international regulation is a necessary prerequisite for full convertibility. The direction of …
Persistent link: https://www.econbiz.de/10008831590
crisis and its links to the riskiness of banking mean bank re-regulation is necessary? In the Canadian context at least …, better reporting of bank risk seems to be a more appropriate way than re-regulation to prevent financial turmoil from arising …
Persistent link: https://www.econbiz.de/10008833463
In this paper, wee propose a model for regulatory capture that is based on information transmission and asymmetric information. In a three- tier model, a regulator is charged by a political principal to provide a signal for the type of a regulated firm. Only the firm can observe his type and the...
Persistent link: https://www.econbiz.de/10008836131
This paper reviews the economic theories of regulation. It discusses the public and private interest theories of … regulation, as the criticisms that have been leveled at them. The extent to which these theories are also able to account for … privatization and deregulation is evaluated and policies involving re-regulation are discussed. The paper thus reviews rate of …
Persistent link: https://www.econbiz.de/10008836216
The notion of 'direct effect' is taken from American jurisprudence and that of the International Court of Justice, it means that a rule adopted in different legal system than the states - ie that of international law - not only creates rights and obligations for Member but also for private...
Persistent link: https://www.econbiz.de/10008837517
prescription, or through real emergence? Empirically, or aiming a people gathering coherence? Facing market: by regulation or …-managed, equitable and efficient work, and a democratic regulation? Between populations: an accepted market-led globalization or a new …
Persistent link: https://www.econbiz.de/10008838779