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Persistent link: https://www.econbiz.de/10001511587
The governance of competition on global markets is an open policy question (lack of international competition policy). In this paper, it is analyzed to what extent different types of regulatory competition, which in other regulatory contexts (as, e.g., corporate law) can be beneficial, might...
Persistent link: https://www.econbiz.de/10013160523
competition might produce efficiency benefits that justify yielding federal or harmonized regulation in favor of decentralizing … economic coordination to their own liking, thus incorporating the preferences of consumers into the structure of regulation (a … instances and conditions under which regulatory competition might indeed work to improve the intrinsic efficiency of regulation …
Persistent link: https://www.econbiz.de/10011582057
competition might produce efficiency benefits that justify yielding federal or harmonized regulation in favor of decentralizing … economic coordination to their own liking, thus incorporating the preferences of consumers into the structure of regulation (a … instances and conditions under which regulatory competition might indeed work to improve the intrinsic efficiency of regulation …
Persistent link: https://www.econbiz.de/10014132400
self-regulation has as a source of law beside public regulation. Although self-regulation is an important source of norms … in practice, since it is not legally binding self-regulation does not per se translate into 'lawmaking' in European … for lawmaking in a multilevel system of regulation suggest that alternative governance mechanisms need further exploration …
Persistent link: https://www.econbiz.de/10014137930
Persistent link: https://www.econbiz.de/10014286235
The beginning of the twenty-first century saw an apparent change in language in public discourses characterised by the rise of so-called “essentially oxymoronic concepts”, i.e., mainly oxymora and paradoxes. In earlier times, these rhetorical figures of speech were largely reserved for the...
Persistent link: https://www.econbiz.de/10013232110
article proposes that regulation should occur via a combination of detailed legislation and codes of practice …
Persistent link: https://www.econbiz.de/10014171292
This paper offers a framework for regulating internalities. Using a simple economic model, we provide four principles for designing and evaluating behaviorally-motivated policy. We then outline rules for determining which contexts reliably reflect true preferences and discuss empirical...
Persistent link: https://www.econbiz.de/10013027352
Regulation and competition policy are two alternative modalities by which the state intervenes in the market. In order … varieties of market failures and identify those for which regulation is best address (cooperation failures such as The Fishing … regulation in jurisdictions where institutions are weak. The reasons are: information intensity and asymmetry being greater with …
Persistent link: https://www.econbiz.de/10011635985