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Author : Christopher Decker
Publisher : Cambridge University Press
Page : 489 pages
File Size : 49,6 Mb
Release : 2015
Category : Business & Economics
ISBN : 9781107024236
This book synthesises the vast literature on economic regulation into a coherent overview of regulatory theory and practice.
Author : Paul Seabright,Jürgen von Hagen
Publisher : Cambridge University Press
Page : 338 pages
File Size : 41,6 Mb
Release : 2007-04-26
Category : Business & Economics
ISBN : 9781139464932
New technology is revolutionizing broadcasting markets. As the cost of bandwidth processing and delivery fall, information-intensive services that once bore little economic relationship to each other are now increasingly related as substitutes or complements. Television, newspapers, telecoms and the internet compete ever more fiercely for audience attention. At the same time, digital encoding makes it possible to charge prices for content that had previously been broadcast for free. This is creating new markets where none existed before. How should public policy respond? Will competition lead to better services, higher quality and more consumer choice - or to a proliferation of low-quality channels? Will it lead to dominance of the market by a few powerful media conglomerates? Using the insights of modern microeconomics, this book provides a state-of-the-art analysis of these and other issues by investigating the power of regulation to shape and control broadcasting markets.
Author : Leigh Hancher,Michael Moran
Publisher : Oxford University Press
Page : 324 pages
File Size : 49,8 Mb
Release : 1989
Category : Business & Economics
ISBN : 0198275501
This study explores the problems faced by governments of advanced capitalist nations in regulating their economies through legislation.
Author : Daniel F. Spulber
Publisher : MIT Press
Page : 720 pages
File Size : 42,6 Mb
Release : 1989
Category : Business & Economics
ISBN : 0262192756
Regulation and Markets provides the up to date, integrated analysis of regulatory policies and the administrative process that is needed in today's field of regulation economics. The book takes a modern perspective, using the tools of industrial organization and game theory. It is the only unified treatment of the field and combines theoretical models with consideration of public policy issues in the areas of antitrust, price regulation, environmental regulation, product quality, and workplace safety. The discussion considers both the welfare effects of regulation and the institutional aspects of the administrative regulatory process. Developments in the fields of law and political science have been integrated in a rigorous manner into the economic framework.Sections of the book address administrative process and market allocation, competition and pricing under increasing returns to scale, administrative regulation of markets, and antitrust enforcement. The conclusion evaluates regulatory policy and deregulation. Extensive literature citations throughout enhance the books value as a reference.
Author : Klaus Mathis,Avishalom Tor
Publisher : Springer Nature
Page : 327 pages
File Size : 42,7 Mb
Release : 2021-04-24
Category : Law
ISBN : 9783030705305
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 : Dean Baker
Publisher : MIT Press
Page : 48 pages
File Size : 49,5 Mb
Release : 2010-04-02
Category : Political Science
ISBN : 9780262291538
A leading economist's exploration of what our economic arrangements might look like if we applied basic principles without ideological blinders. There is nothing wrong with economics, Dean Baker contends, but economists routinely ignore their own principles when it comes to economic policy. What would policy look like if we took basic principles of mainstream economics seriously and applied them consistently? In the debate over regulation, for example, Baker—one of the few economists who predicted the meltdown of fall 2008—points out that ideological blinders have obscured the fact there is no “free market” to protect. Modern markets are highly regulated, although intrusive regulations such as copyright and patents are rarely viewed as regulatory devices. If we admit the extent to which the economy is and will be regulated, we have many more options in designing policy and deciding who benefits from it. On health care reform, Baker complains that economists ignore another basic idea: marginal cost pricing. Unlike all other industries, medical services are priced extraordinarily high, far above the cost of production, yet that discrepancy is rarely addressed in the debate about health care reform. What if we applied marginal cost pricing—making doctors' wages competitive and charging less for prescription drugs and tests such as MRIs? Taking Economics Seriously offers an alternative Econ 101. It introduces economic principles and thinks through what we might gain if we free ourselves from ideological blinders and get back to basics in the most troubled parts of our economy.
Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 42,8 Mb
Release : 1981
Category : Electronic
ISBN : OCLC:604619888
Author : George Joseph Stigler
Publisher : Unknown
Page : 216 pages
File Size : 40,7 Mb
Release : 1946
Category : Competition
ISBN : UOM:39015019384026
Author : Michael A. Crew,David Parker
Publisher : Edward Elgar Publishing
Page : 420 pages
File Size : 51,7 Mb
Release : 2006
Category : Law
ISBN : 9781847201614
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 : Jean-Jacques Laffont
Publisher : Cambridge University Press
Page : 294 pages
File Size : 52,7 Mb
Release : 2005-03-10
Category : Business & Economics
ISBN : 0521549485
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 : Christopher Decker
Publisher : Cambridge University Press
Page : 780 pages
File Size : 50,6 Mb
Release : 2023-06-08
Category : Business & Economics
ISBN : 9781009092555
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 : Margaret Arblaster
Publisher : Elsevier
Page : 286 pages
File Size : 53,9 Mb
Release : 2018-02-06
Category : Transportation
ISBN : 9780128111192
Air Traffic Management: Economics Regulation and Governance provides the latest insights on approaches and issues surrounding the economic regulation and governance of air traffic management (ATM). The book begins by explaining what ATM is, showing its importance within the aviation industry. It then outlines the unique institutional characteristics that govern ATM, also discussing its implications for economic regulation and investment. Technological developments and the issues and approaches to safety regulation are also covered, as are the implications ATM has on airports. The book concludes with an exploration of future directions, including the entry of drones into airspace and the introduction of competition in ATM services Air traffic management plays a critical role in air transport, impacting both air safety and the efficiency of air services. Yet air navigation services are shifting from government provision to private industry, creating the need for more critical analysis of governance and economic regulation within the ATM industry. Consolidates the latest economic regulation and reform material regarding air traffic management Provides numerous practical examples and real-world case studies drawn from around the globe Explores economic regulation in both larger and smaller economies Written from an objective, informed and practical perspective by an experienced regulation practitioner and researcher
Author : Roger Sugden
Publisher : Routledge
Page : 235 pages
File Size : 48,8 Mb
Release : 1993-03-11
Category : Business & Economics
ISBN : 9781134917259
Exploring key current issues, leading economists focus on the government processes which influence industrial economic activity and its role within the European Community as a positive instrument promoting industrial development
Author : Paul J. Halpern
Publisher : Unknown
Page : 1062 pages
File Size : 43,7 Mb
Release : 1982
Category : Trade regulation
ISBN : OCLC:1156335024
Author : Peter Bernholz,Roland Vaubel
Publisher : Routledge
Page : 304 pages
File Size : 45,6 Mb
Release : 2007-06-13
Category : Business & Economics
ISBN : 9781134086559
Organized, readable, technically sound and comprehensive from both theoretical and empirical standpoints, this book summarizes a vast amount of institutional, historical and descriptive detail. Using case studies from the US, Canada, Germany and Switzerland as well as the European Union and the global economy, this is the first book of its kind to examine historical evidence on how competition among states – or the lack of it – affects regulation, especially labour market regulation. Edited by internationally respected scholars of economics and containing contributions from eminent economists, this book reveals important implications as to whether European political integration leads to more regulation and whether globalization restrains regulation. It will be of great interest to both economists and students engaged with political economy, public choice and regulation.