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Private certification as a means of risk regulation and quality assurance offers advantages over government regulation … institutional advantages over government regulation. Critics of private certification question its legitimacy, asserting that … private regulation is less participatory, transparent, and accountable than government regulation. The article responds to …
Persistent link: https://www.econbiz.de/10013063200
ideological differences in the effect of independent sector regulation on access to electricity and installed capacity. We find … negative impact from independent regulation on installed capacity in countries with leftwing governments while we find a …
Persistent link: https://www.econbiz.de/10012194362
Within a standard three-tier regulatory model, a benevolent prin- cipal delegates to a regulatory agency two tasks: the supervision of the …rms (two-type) costs and the arrangement of a pricing mecha- nism. The agency may have an incentive to manipulate information to the principal to share the...
Persistent link: https://www.econbiz.de/10009228710
This paper investigates the interaction between corruption and infrastructure policy reforms.  I construct a simple model to illustrate how both an incerase in regulatory autonomy and privatisation may influence the effect of corruption.  This interaction is then analysed empirically using a...
Persistent link: https://www.econbiz.de/10009318140
This paper provides a comprehensive literature review of the ‘Regulatory State' through the lens of utility regulation …
Persistent link: https://www.econbiz.de/10012981426
around legal complexity and regulation …
Persistent link: https://www.econbiz.de/10012966720
The determinants of incentive regulation are a key issue in economics. More powerful rules relax allocative distortions …
Persistent link: https://www.econbiz.de/10014191827
The determinants of incentive regulation are an important issue in economics. More powerful rules relax allocative …
Persistent link: https://www.econbiz.de/10014218720
The determinants of incentive regulation are an important issue in economics. More powerful rules relax allocative …
Persistent link: https://www.econbiz.de/10014056105
Regulation plays a key part in public service reforms. However, corruption and the risk of capture may undermine the …
Persistent link: https://www.econbiz.de/10014056535