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| Author | : Christopher Decker |
| Publisher | : Cambridge University Press |
| Total Pages | : 779 |
| Release | : 2023-05-31 |
| Genre | : Business & Economics |
| ISBN | : 131651451X |
Brings economic regulation to life by tracing theoretical insights through to real-world applications in eight essential regulated sectors.
| Author | : Klaus Mathis |
| Publisher | : Springer Nature |
| Total Pages | : 327 |
| Release | : 2021-04-24 |
| Genre | : Law |
| ISBN | : 3030705307 |
This book explores current issues regarding the regulation of various economic sectors, theoretically and empirically, discussing both neoclassical and behavioural economics approaches to regulation. Regulation has become one of the main determinants of modern economies, and virtually every sector is subject to general laws and regulations as well as specific rules and standards. A traditional argument to justify regulatory interventions is the promotion of public interests. Fixing markets that lack competition, balancing information asymmetries, internalising externalities, mitigating systemic risks, and protecting consumers from irrational behaviour are frequently invoked to complement the invisible hand of the market with the visible hand of the state.However, regulations can lead to unintended consequences, and serve the interests of powerful private interest groups rather than the public interest and social welfare. In addition, new insights from behavioural economics question the traditional regulatory approaches, most prominently in attitudes towards consumers. Furthermore, digitalisation and technological innovation in general present new challenges in terms of both the type of regulation and the regulatory process.Part I of this book discusses various theoretical approaches to the economic analysis of regulations, while Part II looks at specific applications of the law and economics of regulation.
| Author | : George Joseph Stigler |
| Publisher | : |
| Total Pages | : 216 |
| Release | : 1946 |
| Genre | : Competition |
| ISBN | : |
| Author | : W. Kip Viscusi |
| Publisher | : MIT Press |
| Total Pages | : 955 |
| Release | : 2005-08-19 |
| Genre | : Business & Economics |
| ISBN | : 026222075X |
A substantially revised and updated new edition of the leading text on business and government, with new material reflecting recent theoretical and methodological advances; includes further coverage of the Microsoft antitrust case, the deregulation of telecommunications and electric power, and new environmental regulations. This new edition of the leading text on business and government focuses on the insights economic reasoning can provide in analyzing regulatory and antitrust issues. Departing from the traditional emphasis on institutions, Economics of Regulation and Antitrust asks how economic theory and empirical analyses can illuminate the character of market operation and the role for government action and brings new developments in theory and empirical methodology to bear on these questions. The fourth edition has been substantially revised and updated throughout, with new material added and extended discussion of many topics. Part I, on antitrust, has been given a major revision to reflect advances in economic theory and recent antitrust cases, including the case against Microsoft and the Supreme Court's Kodak decision. Part II, on economic regulation, updates its treatment of the restructuring and deregulation of the telecommunications and electric power industries, and includes an analysis of what went wrong in the California energy market in 2000 and 2001. Part III, on social regulation, now includes increased discussion of risk-risk analysis and extensive changes to its discussion of environmental regulation. The many case studies included provide students not only pertinent insights for today but also the economic tools to analyze the implications of regulations and antitrust policies in the future.The book is suitable for use in a wide range of courses in business, law, and public policy, for undergraduates as well at the graduate level. The structure of the book allows instructors to combine the chapters in various ways according to their needs. Presentation of more advanced material is self-contained. Each chapter concludes with questions and problems.
| Author | : Lorna S Schrefler |
| Publisher | : ECPR Press |
| Total Pages | : 151 |
| Release | : 2014-12-01 |
| Genre | : Political Science |
| ISBN | : 1910259691 |
It is conventional to argue that the autonomy and reputation of independent regulatory agencies (IRAs) depend on their expertise. Yet, studies on how IRAs create and deploy their knowledge capacity are few and far apart. By addressing the underexplored question of the role of economics in regulatory policy making, this book fills a gap in two different strands of literature: on IRAs and on knowledge utilisation respectively. Only a few authors have taken a somewhat comparable approach (eg McGarity 1991, Morgenstern 1997, Jennings and Hall 2011), but their work focuses on US regulators. Conversely, little has been written on their European counterparts. This book also proposes an innovative solution to operationalise hypotheses on the role of expertise in policy making, and makes this contribution particularly relevant for recent debates on evidence-based policy making. Finally, it takes a close look at specific regulatory decisions by one of the oldest and most authoritative regulators.
| Author | : Brian L. Goff |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 152 |
| Release | : 2012-12-06 |
| Genre | : Business & Economics |
| ISBN | : 1461313430 |
This project grew out of a recognition that I could fmd no aggregate measure of the amount of regulation beyond crude proxies such as the number of pages in the Federal Register. As I began to address this specific issue. I became much more aware of two things -- the enormity of regulation in the u.s. economy and the relative absence of economic research into the macroeconomic consequences of those regulations. While I would have readily granted the idea that many economist'> knew more about regulation than I did, I would have thought my knowledge of regulation to be at least up to the average economist's. My graduate training in the early to mid 1980s included special attention to the field of "public choice" and related topics, all of which occasionally explored regulatory topics. Moreover. I had at least a passing knowledge of the debates concerning deregulation in the late 1970s and early 1980s. Because of this, my own ignorance of regulation's actual expanse and its aggregate consequences startled me and heightened my interest in expanding empirical research into regulation as a macroeconomic influence. The more I thought about graduate macroeconomics classes and texts, the more that I realized the exclusion of regulation as a macroeconomic topic in spite of its massive scale and far-reaching tentacles.
| Author | : Jerry Brito |
| Publisher | : Mercatus Center at George Mason University |
| Total Pages | : 128 |
| Release | : 2012-08-13 |
| Genre | : Law |
| ISBN | : 0983607737 |
Federal regulations affect nearly every area of our lives and interest in them is increasing. However, many people have no idea how regulations are developed or how they have an impact on our lives. Regulation: A Primer by Susan Dudley and Jerry Brito provides an accessible overview of regulatory theory, analysis, and practice. The Primer examines the constitutional underpinnings of federal regulation and discusses who writes and enforces regulation and how they do it. Published by the Mercatus Center at George Mason University, it also provides insights into the different varieties of regulation and how to analyze whether a regulatory proposal makes citizens better or worse off. Each chapter discusses key aspects of regulation and provides further readings for those interested in exploring these topics in more detail.
| Author | : Robert Baldwin |
| Publisher | : Oxford University Press |
| Total Pages | : |
| Release | : 2011-10-28 |
| Genre | : Law |
| ISBN | : 0191617776 |
Regulation is a key concern of industries, consumers, citizens, and governments alike. Building on the success of the first edition, Understanding Regulation, Second Edition provides the reader with an introduction to key debates and discussions in the field of regulation from a number of disciplinary perspectives, looking towards law, economics, business, political science, sociology, and social administration. The book has been extensively revised and updated to take into account the significant developments and events of the past decade. Containing several new chapters, it has been completely restructured into seven parts, covering: the fundamental issues regarding regulation; different types of regulatory strategies; rules and enforcement; quality and evaluation; regulation at different levels of government; network issues; and concluding thoughts. Drawing on cross-sectoral and cross-national examples, this book reviews the central questions of regulation, and reflects upon those contentious issues that affect the design and operation of regulatory institutions. Amongst other topics, it discusses 'better regulation', enforcement, self-regulation, risk regulation, cost-benefit analysis, and more utility regulation-oriented topics, such as price-setting. It will be an essential resource for academics, researchers, and graduates across the social sciences studying regulation.
| Author | : World Bank |
| Publisher | : World Bank Publications |
| Total Pages | : 241 |
| Release | : 2019-11-21 |
| Genre | : Business & Economics |
| ISBN | : 1464814414 |
Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
| Author | : Lorna Schrefler |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2013 |
| Genre | : Political Science |
| ISBN | : 9781907301452 |
Mapping public debates about Europe in online media, this book provides evidence of a growing convergence towards Euroscepticism in the public discourse of a variety of EU member states, old and new. A multitude of professional websites and blogs is studied during the European parliament elections of 2009 to uncover how politicians and citizens evaluate the EU on interactive news websites.
