Journal Of Regulatory Economics

Author : Christopher Decker
Publisher : Cambridge University Press
Page : 780 pages
File Size : 53,9 Mb
Release : 2023-06-08
Category : Business & Economics
ISBN : 9781009092555

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Modern Economic Regulation by Christopher Decker Pdf

Economic regulation affects us all, shaping how we access essential services such as water, energy and transport, as well as how we communicate with one another in the digital world. Modern Economic Regulation describes the core insights of economic theory on which regulatory policies are based and connects this with evidence of how regulation is applied. It focuses on fundamental questions such as: why are certain industries regulated? What principles can inform regulation? How is regulation implemented? Which regulatory policies have been more, or less, effective in practice? All chapters in this second edition are fully updated to reflect the latest research and evidence, while five new chapters cover behavioural economics and the regulation of rail, aviation, payment systems and digital platforms. Each chapter contains discussion questions and topical case studies, and online materials include over 60 applied exercises that explore real-life regulatory problems from around the world.

Author : Simeon Djankov
Publisher : Unknown
Page : 56 pages
File Size : 53,8 Mb
Release : 2001
Category : Barriers to entry (Industrial organization)
ISBN : UCSD:31822029859501

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The Regulation of Entry by Simeon Djankov Pdf

New data show that countries that regulate the entry of new firms more heavily have greater corruption and larger unofficial economies, but not better quality goods. The evidence supports the view that regulating entry benefits politicians and bureacrats.

Author : W. Kip Viscusi,Joseph E. Harrington Jr.,John M. Vernon
Publisher : MIT Press
Page : 955 pages
File Size : 52,7 Mb
Release : 2005-08-19
Category : Business & Economics
ISBN : 9780262220750

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Economics of Regulation and Antitrust by W. Kip Viscusi,Joseph E. Harrington Jr.,John M. Vernon Pdf

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 : George Joseph Stigler
Publisher : Unknown
Page : 216 pages
File Size : 49,9 Mb
Release : 1946
Category : Competition
ISBN : UOM:39015019384026

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The Theory of Competitive Price by George Joseph Stigler Pdf

Author : Edward J. Balleisen,David A. Moss
Publisher : Cambridge University Press
Page : 579 pages
File Size : 41,7 Mb
Release : 2010
Category : Business & Economics
ISBN : 9780521118484

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Government and Markets by Edward J. Balleisen,David A. Moss Pdf

After two generations of emphasis on governmental inefficiency and the need for deregulation, we now see growing interest in the possibility of constructive governance, alongside public calls for new, smarter regulation. Yet there is a real danger that regulatory reforms will be rooted in outdated ideas. As the financial crisis has shown, neither traditional market failure models nor public choice theory, by themselves, sufficiently inform or explain our current regulatory challenges. Regulatory studies, long neglected in an atmosphere focused on deregulatory work, is in critical need of new models and theories that can guide effective policy-making. This interdisciplinary volume points the way toward the modernization of regulatory theory. Its essays by leading scholars move past predominant approaches, integrating the latest research about the interplay between human behavior, societal needs, and regulatory institutions. The book concludes by setting out a potential research agenda for the social sciences.

Author : Michael A. Crew,David Parker
Publisher : Edward Elgar Publishing
Page : 420 pages
File Size : 44,5 Mb
Release : 2006
Category : Law
ISBN : 9781847201614

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International Handbook on Economic Regulation by Michael A. Crew,David Parker Pdf

Michael Crew and David Parker have compiled a comprehensive, up-to-date and detailed analytical work on leading research issues in the economics of regulation. With contributions from international specialists in economic regulation, the Handbook provides a comprehensive discussion of major developments in both the theory and practice of regulatory economics. This book will be an indispensable source for both students and practitioners of regulation. The Handbook begins by looking at the principles, history and methods of regulation before turning to specialist themes including: pricing and social welfare regulating service quality consumer representation performance benchmarking environmental regulation calculating the cost of capital information revelation and incentives the economics of access charging regulatory governance regulatory policy in developing countries particular issues in the regulation of the telecommunications, energy, transport and water sectors. The International Handbook on Economic Regulation is essential reading for researchers in the economics of regulation and students of regulation on final year undergraduate and postgraduate degree courses. As a major reference work, it is of value and assistance to economists in regulatory offices, regulated companies and government departments.

Author : Alexander Ovodenko
Publisher : Oxford University Press
Page : 257 pages
File Size : 51,6 Mb
Release : 2017
Category : Political Science
ISBN : 9780190677725

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Regulating the Polluters by Alexander Ovodenko Pdf

"Why have national governments created different international rules and institutions to address global environmental issues? Alexander Ovodenko argues that this variation can be explained by looking to a dynamic that has been thus far downplayed by the literature on global environmental governance: the structures of industries regulated by environmental rules. Regulating the Polluters inverts the literature on regulatory capture and collective action bypresenting empirical evidence of the irony of market power in global environmental politics" (ed.).

Author : OECD
Publisher : OECD Publishing
Page : 88 pages
File Size : 45,5 Mb
Release : 2012-01-16
Category : Electronic
ISBN : 9789264167179

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Measuring Regulatory Performance A Practitioner's Guide to Perception Surveys by OECD Pdf

This guide helps officials use perception surveys for evaluating and communicating progress in regulatory reform. It explains the challenges involved in the design and use of business and citizen perception surveys – and ways to overcome them.

Author : Peter Diamond,Hannu Vartiainen
Publisher : Princeton University Press
Page : 331 pages
File Size : 46,6 Mb
Release : 2012-01-12
Category : Business & Economics
ISBN : 9781400829149

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Behavioral Economics and Its Applications by Peter Diamond,Hannu Vartiainen Pdf

In the last decade, behavioral economics, borrowing from psychology and sociology to explain decisions inconsistent with traditional economics, has revolutionized the way economists view the world. But despite this general success, behavioral thinking has fundamentally transformed only one field of applied economics-finance. Peter Diamond and Hannu Vartiainen's Behavioral Economics and Its Applications argues that behavioral economics can have a similar impact in other fields of economics. In this volume, some of the world's leading thinkers in behavioral economics and general economic theory make the case for a much greater use of behavioral ideas in six fields where these ideas have already proved useful but have not yet been fully incorporated--public economics, development, law and economics, health, wage determination, and organizational economics. The result is an attempt to set the agenda of an important development in economics--an agenda that will interest policymakers, sociologists, and psychologists as well as economists. Contributors include Ian Ayres, B. Douglas Bernheim, Truman F. Bewley, Colin F. Camerer, Anne Case, Michael D. Cohen, Peter Diamond, Christoph Engel, Richard G. Frank, Jacob Glazer, Seppo Honkapohja, Christine Jolls, Botond Koszegi, Ulrike Malmendier, Sendhil Mullainathan, Antonio Rangel, Emmanuel Saez, Eldar Shafir, Sir Nicholas Stern, Jean Tirole, Hannu Vartiainen, and Timothy D. Wilson.

Author : Klaus Mathis,Avishalom Tor
Publisher : Springer Nature
Page : 327 pages
File Size : 44,7 Mb
Release : 2021-04-24
Category : Law
ISBN : 9783030705305

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Law and Economics of Regulation by Klaus Mathis,Avishalom Tor Pdf

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 : Roger van den Bergh,Alessio M. Pacces
Publisher : Edward Elgar Pub
Page : 781 pages
File Size : 47,6 Mb
Release : 2012
Category : Business & Economics
ISBN : 1847203434

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Regulation and Economics by Roger van den Bergh,Alessio M. Pacces Pdf

This comprehensive volume provides a state-of-the-art overview of regulatory economics and reviews the main theories, tools, and domains of regulation. The book is divided into six parts: regulation in general; tools of regulation; social regulation; regulation of public utilities; regulation of non-natural-monopolies, and regulation of professions. Regulation and Economics begins with a valuable introductory chapter on the law and economics of regulation followed by 17 concise chapters on specific subjects in regulation including highly topical matters such as regulation of banking, finance and insurance; energy markets and telecommunications; and environmental and risk regulation. Providing an overview of the most important insights in regulatory economics and providing a useful access point to the more specialized literature in this area, this unique book will particularly benefit students of law and economics, as well as academics and government officials of regulatory agencies.

Author : Jean-Jacques Laffont
Publisher : Cambridge University Press
Page : 294 pages
File Size : 55,5 Mb
Release : 2005-03-10
Category : Business & Economics
ISBN : 0521549485

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Regulation and Development by Jean-Jacques Laffont Pdf

In Regulation and Development Jean-Jacques Laffont provides the first theoretical analysis of regulation of public services for developing countries. He shows how the debate between price-cap regulation and cost of service regulation is affected by the characteristics of less developed countries (LDCs) and offers a positive theory of privatization that stresses the role of corruption. He develops a new theory of regulation with limited enforcement capabilities and discusses the delicate issue of access pricing in view of LDC's specificities. In the final chapter he proposes a theory of separation of powers which reveals one of the many vicious circles of underdevelopment made explicit by the economics of information. Based on organization theory and history, and using simple empirical tests wherever possible, Professor Laffont offers a comprehensive evaluation of the different ways to organize the regulatory institutions and opens up a rich new research agenda for development studies.

Author : Jean-Jacques Laffont,Jean Tirole
Publisher : MIT Press
Page : 746 pages
File Size : 47,6 Mb
Release : 1993
Category : Business & Economics
ISBN : 0262121743

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A Theory of Incentives in Procurement and Regulation by Jean-Jacques Laffont,Jean Tirole Pdf

Based on their work in the application of principal-agent theory to questions of regulation, Laffont and Tirole develop a synthetic approach to this field, focusing on the regulation of natural monopolies such as military contractors, utility companies and transportation authorities.

Author : OECD
Publisher : OECD Publishing
Page : 152 pages
File Size : 40,8 Mb
Release : 2011-10-25
Category : Electronic
ISBN : 9789264116573

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Regulatory Policy and Governance Supporting Economic Growth and Serving the Public Interest by OECD Pdf

This report encourages governments to “think big” about the relevance of regulatory policy and assesses the recent efforts of OECD countries to develop and deepen regulatory policy and governance.

Author : Ashley C. Brown,Jon Stern,Bernard William Tenenbaum,Defne Gencer
Publisher : World Bank Publications
Page : 422 pages
File Size : 47,5 Mb
Release : 2006-01-01
Category : Business & Economics
ISBN : 9780821365809

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Handbook for Evaluating Infrastructure Regulatory Systems by Ashley C. Brown,Jon Stern,Bernard William Tenenbaum,Defne Gencer Pdf

More than 200 new infrastructure regulators have been created around the world in the last 15 years. They were established to encourage clear and sustainable long-term economic and legal commitments by governments and investors to encourage new investment to benefit existing and new customers. There is now considerable evidence that both investors and consumers-the two groups that were supposed to have benefited from these new regulatory systems-have often been disappointed with their performance. The fundamental premise of this book is that regulatory systems can be successfully reformed only if there are independent, objective and public evaluations of their performance. Just as one goes to a medical doctor for a regular health checkup, it is clear that infrastructure regulation would also benefit from periodic checkups. This book provides a general framework as well as detailed practical guidance on how to perform such "regulatory checkups."