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Regulation regimes subject to the influence of interest groups are compared. It is shown that the allocation of the …
Persistent link: https://www.econbiz.de/10014074616
incidence violates traditional versions of the economic theory of regulation. Organized subgroups should be able to protect … principal reasons, one requiring a refinement of the theory. The first is that under regulation the incentives of both …. Political cohesion, and hence changes, become more difficult to achieve. The second reason and theory refinement is that rent …
Persistent link: https://www.econbiz.de/10012778192
This paper compares and contrasts the processes used by the European, United Kingdom and Scottish parliaments in considering broadband policies, legislation, regulatory systems and outcomes, within a complex triple-tiered governance system. Broadband is of increasing importance due to the...
Persistent link: https://www.econbiz.de/10012935909
Numerous regulatory reform proposals would require federal agencies to conduct more thorough economic analysis of proposed regulations or expand the resources and influence of the Office of Information and Regulatory Affairs (OIRA), which currently reviews executive branch regulations. Such...
Persistent link: https://www.econbiz.de/10013006022
The number of regulations and their economic impact continue to grow. Yet the quality and use of economic analysis to inform regulatory decisions falls far short of the standards enunciated in executive orders governing regulatory analysis and review. Both the president and Congress have...
Persistent link: https://www.econbiz.de/10012856557
Scholarly research demonstrates that Regulatory Impact Analysis often falls short of the standards articulated in executive orders and Office of Management and Budget guidance. More often than not, agencies do not appear to use the Regulatory Impact Analysis to inform major decisions. Regulatory...
Persistent link: https://www.econbiz.de/10013048676
This paper compares the quality and use of regulatory analysis accompanying economically significant regulations proposed by US executive branch agencies in 2008, 2009, and 2010. We find that the quality of regulatory analysis is generally low, but varies widely. Budget regulations, which define...
Persistent link: https://www.econbiz.de/10013048680
hundreds of millions of dollars in costs without knowing whether a given regulation will really solve a significant problem …
Persistent link: https://www.econbiz.de/10012985445
In order to encourage investment in telecommunication networks, governments have been encouraged to adopt a regulatory state model, with an independent regulatory authority that is subject to a system of appeals and to parliamentary oversight, providing different forms of accountability. The...
Persistent link: https://www.econbiz.de/10012987387
-benefit analysis for financial regulation: judicially enforced quantification. How would CBA work in practice, if applied to specific …
Persistent link: https://www.econbiz.de/10013033646