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study the optimal regulation of transformative technologies when society can learn about these risks over time. Socially … all social damages, and sector-independent regulation is helpful but generally not sufficient to restore optimality …
Persistent link: https://www.econbiz.de/10014322848
taxation, commodity taxation, tax expenditures, externalities, public goods, capital income and wealth taxation, social …
Persistent link: https://www.econbiz.de/10012174286
is common knowledge that their actions produce various externalities through the training of an algorithm? In an online …
Persistent link: https://www.econbiz.de/10012797793
regulators are faced today with the daunting task of how best to approach its regulation in order to foster innovation and … in automated trading. Rather, any effective and future-proof AI-targeting regulation should be proportionate to the …
Persistent link: https://www.econbiz.de/10014238860
We study the situation where firms' actions contribute to a stock externality. The regulator and firms have asymmetric information about serially correlated (abatement) costs. With price-based policies such as taxes, the regulator learns about the evolution of both stock and costs. This ability...
Persistent link: https://www.econbiz.de/10014159799
assess the effectiveness and efficiency of these standards, which are the centerpiece of US Clean Air Act regulation of …
Persistent link: https://www.econbiz.de/10014240477
(1981) and show that dirty manufacturers can mislead consumers about externalities by exploiting a phenomenon of wishful … important implications for the role of mandatory disclosure to regulate externalities …
Persistent link: https://www.econbiz.de/10014260011
This paper examines the regulation of technological innovation direction under uncertainty about potential harms. We …
Persistent link: https://www.econbiz.de/10014635704
are subject to regulation by local authorities, resulting in both practical and strategic implications for manufacturers …, along with a more complex set of innovation incentives. This chapter presents background on medical device regulation … adverse events and recalls), and concludes with a discussion of the implications of regulation for innovation incentives in …
Persistent link: https://www.econbiz.de/10013477189