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Public choice theory (PCT) has had a powerful influence on political science and, to a lesser extent, on public …
Persistent link: https://www.econbiz.de/10014124087
A common argument against privatization is that private providers will self-interestedly lobby to increase the size of their market. In this Article, I evaluate this argument, using, as a case study, the argument against prison privatization based on the possibility that the private prison...
Persistent link: https://www.econbiz.de/10014054697
Many regulators have concluded that cost-benefit analysis is the best available method for capturing the welfare effects of regulations. It is therefore understandable that in recent years, some people have been interested in requiring financial regulators to engage in careful cost-benefit...
Persistent link: https://www.econbiz.de/10013054943
regulation has benefited the U.S. greatly, while the failure to regulate has cost us dearly.The evidence considered in this paper … evidence can say about the value of regulation.With such limitations in mind, the white paper reviews the available evidence …
Persistent link: https://www.econbiz.de/10012995786
-Agent Theory (BPAT), a great deal of modern regulation can be helpfully evaluated as a hypothetical delegation. Shifting from … words, government serves as our agent. Understood in light of Principal-Agent Theory (PAT) and Behavioral Principal …
Persistent link: https://www.econbiz.de/10013027459
, challenge antitrust and regulation policy. The paper focusses on the theoretical and methodological basis provided by the New … specific view of NIE at industrial organization, antitrust and regulation, discusses three current issues -- the European …
Persistent link: https://www.econbiz.de/10014114861
, challenge antitrust and regulation policy. The paper focusses on the theoretical and methodological basis provided by the New … specific view of NIE at industrial organization, antitrust and regulation, discusses three current issues - the European …
Persistent link: https://www.econbiz.de/10014114862
, challenge antitrust and regulation policy. The paper focuses on the theoretical and methodological basis provided by the New … specific view of NIE at industrial organization, antitrust and regulation, discusses three current issues - the European policy …
Persistent link: https://www.econbiz.de/10011490672
Reforming regulation of the financial sector is currently among the most immediate concerns of domestic and … reform. It argues that the process of reforming financial regulation should begin with a comprehensive, granular study of …-containment with regulatory reform and may end up designing a retrospective framework for financial regulation. A comprehensive post …
Persistent link: https://www.econbiz.de/10013158883
RIA is properly implemented for all potential sources of regulation, including parliamentary amendments to bills. But …
Persistent link: https://www.econbiz.de/10010193053