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The Value of a Statistical Life : Some Clarifications and Puzzles

Sunstein, Cass R. - 2013

welfare and autonomy might not lead in any clear direction. In the harder cases, regulation might be justified on welfare …

Persistent link: https://www.econbiz.de/10013080665

Theory and Practice in Tax Administration

Camp, Bryan - 2010

This article concerns the history of automation in U.S. tax administration and the challenges automation presents to administering the laws consistent with democratic values. The most under-theorized aspect of tax administration is the expansion of automation and its impact on the current tax...

Persistent link: https://www.econbiz.de/10014203906

Trucker Shortage as Government Failure

Kidd, Jeremy; Padgett, Joseph - 2018

The United States is experiencing a shortage of large-truck drivers. Such a shortage might normally be attributed to a failure in the market for driver services. Instead, this article argues that the trucker shortage is an example of government failure, wherein government regulations fail to...

Persistent link: https://www.econbiz.de/10014128595

Strategic Delegation, Discretion, and Deference : Explaining the Comparative Law of Administrative Review

Garoupa, Nuno; Mathews, Jud - 2014

This paper offers a theory to explain cross-national variation in administrative law doctrines and practices …

Persistent link: https://www.econbiz.de/10014149039

Privatization and the Law and Economics of Political Advocacy

Volokh, Alexander - 2014

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

Market contestability and bribe solicitations : evidence across stages of firms' operations

Goel, Rajeev K.; Mazhar, Ummad; Saunoris, James W. - 2018

Adding to the literature on factors driving corruption and bribery, this paper examines the effect of contestability in business operations on bribe solicitations. Contestability undermines bureaucratic rent-seeking potential and this paper tries to capture this empirically using cross-country...

Persistent link: https://www.econbiz.de/10011822610

Understanding the rise of regulation during the progressive era : what role for Austrian economics?

Law, Marc T. - In: Essays in economic & business history : the journal of … 42 (2024) 2, pp. 99-119

regulation. However, the normative implications of Austrian theory regarding the efficiency consequences of regulation are not …In this article I selectively survey the economic history literature on the rise of regulation in America during the … Progressive Era with the goal of identifying how this literature is informed by Austrian economic theory, and how Austrian theory …

Persistent link: https://www.econbiz.de/10015051914

Mergers between regulated firms with unknown efficiency gains

Fiocco, Raffaele; Guo, Gongyu - 2014

In an industry where regulated firms interact with unregulated suppliers, we investigate the welfare effects of a merger between regulated firms when cost synergies are uncertain before the merger and their realization becomes private information of the merged firm. The optimal merger policy...

Persistent link: https://www.econbiz.de/10010358241

Regulation of Europe's network industries : the perspective of the new economic theory of federalism

Bickenbach, Frank - 2000

economics of regulation, it then points out generic information and transaction cost problems of regulatory policy making. An … transaction-cost-political approaches. There has been some progress in recent years in developing such a "new economic theory of … federalism". Basic ideas and some insights of this theory are discussed with regard to the appropriate "federal" allocation of …

Persistent link: https://www.econbiz.de/10011491086

Politically induced regulatory risk and independent regulatory agencies

Strausz, Roland - 2017

Uncertainty in election outcomes generates politically induced regulatory risk. For monopoly regulation, political …

Persistent link: https://www.econbiz.de/10011705495