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Nou, Jennifer; Stiglitz, Edward - 2019

Regulatory bundling is the ability of administrative agencies to aggregate and disaggregate rules. Agencies, in other words, can bundle what would otherwise be multiple rules into just one. Conversely, they can split one rule into several. This observation parallels other recent work on how...

Persistent link: https://www.econbiz.de/10014112209

Exposing Private Third-Party Food Safety Auditors to Civil Liability for Negligence : Harnessing Private Law Norms to Regulate Private Governance

Lytton, Timothy D. - 2022

In many industries, companies rely on private third-party audits to monitor their suppliers’ adherence to various standards. These audits are frequently paid for by the entity being audited, which creates a conflict of interest that incentivizes auditors to reduce the burden of audits by...

Persistent link: https://www.econbiz.de/10014112526

Antitrust and Regulation - the View of New Institutional Economics

Bickenbach, Frank; Kumkar, Lars; Soltwedel, Rüdiger - 2002

, 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

The New Institutional Economics of Antitrust and Regulation

Bickenbach, Frank; Kumkar, Lars; Soltwedel, Rüdiger - 2002

Persistent link: https://www.econbiz.de/10014114862

Chapter 16 Regulation of Natural Monopoly

Joskow, Paul L. - In: Handbook of law and economics : volume 2, (pp. 1227-1348). 2007

This chapter provides a comprehensive overview of the theoretical and empirical literature on the regulation of natural … institutions, price regulation with full information, price regulation with imperfect and asymmetric information, and topics on the … measurement of the effects of price and entry regulation in practice. The chapter also discusses the literature on network access …

Persistent link: https://www.econbiz.de/10014023494

Increased-Liability Equity : A Proposal to Improve Capital Regulation of Large Financial Institutions

Admati, Anat R. - 2010

While it is recognized that the high degree of leverage used by financial institutions creates systemic risks and other negative externalities, many argue that equity financing is “expensive,” and that increased capital requirements will increase the cost of credit. Public subsidies of debt...

Persistent link: https://www.econbiz.de/10013149380

Regulating Innovation : Competition Policy and Patent Law under Uncertainty

Manne, Geoffrey A.; Wright, Joshua D. - 2013

regulation, innovation, and economic growth, the process of innovation itself is not well understood. The regulation of … relationship between regulation - both through competition policy and patent law - and innovation, and the corresponding … uncertainty caused by this absence of knowledge. The relationship between regulation and innovation has posed a significant …

Persistent link: https://www.econbiz.de/10014046279

Stranded Benefits Versus Stranded Costs in Utility Deregulation

Cearley, Reed W.; Cole, Daniel H. - 2003

The shift to competition in utility generation is likely to generate "stranded investments," which are wealth transfers between investors and utility ratepayers. Stranded investments can take either of two forms: (1) "stranded costs" are a transfer from investors to ratepayers that occur when...

Persistent link: https://www.econbiz.de/10014087515

The Principles of Good Regulation in the Water Sector

Lavrijssen, Saskia - 2015

limitations.” In response to the conclusion of the OECD, this paper discusses the current framework of economic regulation of the … regulation is adequate. The assessment examines to which extent the principles of good regulation are observed by economic … regulation of the drinking water sector.It is concluded that the Dutch framework of economic regulation of the drinking water …

Persistent link: https://www.econbiz.de/10013030034

Tragedy of the Regulatory Commons : Lightsquared and the Missing Spectrum Rights

Hazlett, Thomas W. - 2015

The endemic underuse of radio spectrum constitutes a tragedy of the regulatory commons. Like other common interest tragedies, the outcome results from a legal or market structure that prevents economic actors from executing socially efficient bargains. In wireless markets, innovative...

Persistent link: https://www.econbiz.de/10013031116