The Economics Of Government Regulation

Author : Wang Junhao
Publisher : Routledge
Page : 197 pages
File Size : 49,9 Mb
Release : 2021-07-06
Category : Business & Economics
ISBN : 9781000404845

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The Economics of Government Regulation by Wang Junhao Pdf

Regulation is a public policy approach closely related to calculations of the equilibrium of supply and demand and to cost-benefit analyses. Governments combine a variety of incentives and restrictions on behavior, including laws and regulations, in order to guide enterprises and smaller entities within the economy toward pursuing policies in the public interest. This book offers an in-depth and systematic review of the economic theory of regulation, with particular emphasis on the Chinese context. The basic concepts cover economic and social regulation, regulatory process, regulation under asymmetric information, and capture theory. Drawing on a broad range of cases from across the telecommunications, electric power, and water sectors since the founding of the People’s Republic of China in 1949, the author explores economic regulation in China with reference to natural monopoly, investment, price level and price structure, entry, and competition. In addition, he discusses theories of externalities and asymmetric information, which are analyzed in the light of China’s environmental and product quality regulation. The author argues that the Chinese government has deregulated its economy to a large extent in the past and proposes that the Chinese government will enforce more social regulation in the future. Students and scholars of government regulation, economics, and industrial organization will find this volume to be an essential guide.

Author : Edward J. Balleisen,David A. Moss
Publisher : Cambridge University Press
Page : 579 pages
File Size : 49,5 Mb
Release : 2009-11-16
Category : Political Science
ISBN : 9781139481908

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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 Yet there is a real danger that regulatory reforms will be rooted in outdated ideas.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 : George Joseph Stigler
Publisher : Unknown
Page : 216 pages
File Size : 48,7 Mb
Release : 1946
Category : Competition
ISBN : UOM:39015019384026

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The Theory of Competitive Price by George Joseph Stigler Pdf

Author : Jason F. Shogren
Publisher : Springer Science & Business Media
Page : 216 pages
File Size : 53,5 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461308713

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The Political Economy of Government Regulation by Jason F. Shogren Pdf

Author : W. Kip Viscusi,Joseph E. Harrington Jr.,John M. Vernon
Publisher : MIT Press
Page : 955 pages
File Size : 54,9 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 : Alfred E. Kahn
Publisher : MIT Press
Page : 615 pages
File Size : 46,6 Mb
Release : 1988-06-22
Category : Business & Economics
ISBN : 9780262610520

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The Economics of Regulation by Alfred E. Kahn Pdf

As Chairman of the Civil Aeronautics Board in the late 1970s, Alfred E. Kahn presided over the deregulation of the airlines and his book, published earlier in that decade, presented the first comprehensive integration of the economic theory and institutional practice of economic regulation. In his lengthy new introduction to this edition Kahn surveys and analyzes the deregulation revolution that has not only swept the airlines but has transformed American public utilities and private industries generally over the past seventeen years. While attitudes toward regulation have changed several times in the intervening years and government regulation has waxed and waned, the question of whether to regulate more or to regulate less is a topic of constant debate, one that The Economics of Regulation addresses incisively. It clearly remains the standard work in the field, a starting point and reference tool for anyone working in regulation.Kahn points out that while dramatic changes have come about in the structurally competitive industries - the airlines, trucking, stock exchange brokerage services, railroads, buses, cable television, oil and natural gas - the consensus about the desirability and necessity for regulated monopoly in public utilities has likewise been dissolving, under the burdens of inflation, fuel crises, and the traumatic experience with nuclear plants. Kahn reviews and assesses the changes in both areas: he is particularly frank in his appraisal of the effect of deregulation on the airlines. His conclusion today mirrors that of his original, seminal work - that different industries need different mixes of institutional arrangements that cannot be decided on the basis of ideology.

Author : David A. Moss,David Moss,John Cisternino
Publisher : The Tobin Project
Page : 169 pages
File Size : 42,6 Mb
Release : 2009
Category : Business & Economics
ISBN : 9780982478806

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New Perspectives on Regulation by David A. Moss,David Moss,John Cisternino Pdf

As an experiment in reconnecting academia to the broader democracy, this work is designed to invigorate public policy debate by rededicating academic work to the pursuit of solutions to society's great problems.

Author : James F. Gatti
Publisher : Elsevier
Page : 209 pages
File Size : 48,8 Mb
Release : 2013-10-22
Category : Business & Economics
ISBN : 9781483261294

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The Limits of Government Regulation by James F. Gatti Pdf

market forces

Author : Nancy L. Rose
Publisher : University of Chicago Press
Page : 619 pages
File Size : 48,9 Mb
Release : 2014-08-29
Category : Business & Economics
ISBN : 9780226138169

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Economic Regulation and Its Reform by Nancy L. Rose Pdf

The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.

Author : Christopher Decker
Publisher : Cambridge University Press
Page : 779 pages
File Size : 48,8 Mb
Release : 2023-05-31
Category : Business & Economics
ISBN : 9781316514511

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Modern Economic Regulation by Christopher Decker Pdf

Brings economic regulation to life by tracing theoretical insights through to real-world applications in eight essential regulated sectors.

Author : Edward J. Balleisen,David A. Moss
Publisher : Cambridge University Press
Page : 579 pages
File Size : 51,8 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 : 40,6 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 : Sam Peltzman
Publisher : University of Chicago Press
Page : 367 pages
File Size : 42,7 Mb
Release : 1998-11-15
Category : Political Science
ISBN : 9780226654171

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Political Participation and Government Regulation by Sam Peltzman Pdf

IntroductionPart One: Political Participation1. Constituent Interest and Congressional Voting (1984)2. An Economic Interpretation of the History of Congressional Voting in the Twentieth Century (1985)3. Economic Conditions and Gubernatorial Elections (1987)4. How Efficient Is the Voting Market? (1990)5. Voters as Fiscal Conservatives (1992)Part Two: Government and Regulation6. Toward a More General Theory of Regulation (1976)7. The Growth of Government (1980)8. Current Developments in the Economics of Regulation (1981)9. The Economic Theory of Regulation after a Decade of Deregulation (1989)10. George Stigler's Contribution to the Economic Analysis of Regulation (1993)Index Copyright © Libri GmbH. All rights reserved.

Author : J. C. Strick
Publisher : Thompson Educational Publishing
Page : 292 pages
File Size : 41,5 Mb
Release : 1994
Category : Business & Economics
ISBN : 1550770543

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The Economics of Government Regulation by J. C. Strick Pdf

The Economics of Government Regulation: Theory and Canadian Practice (Second Edition) is a concise presentation of the economic principles, theories, issues, and policies of government regulation. The text includes extensive analysis of the applications of regulation in Canada. This edition brings the analysis up to date. Part One applies the basic elements of microeconomics to the theory of government regulation, examines the impact of regulation on the economy with emphasis on the costs of regulation, and describes the trend of regulatory reform and deregulation. Part Two consists of detailed case studies of the Canadian experience with government regulation and deregulation. The cases cover a mix of regulated areas and illustrate a variety of features of regulation. The areas selected include: airlines and telephones, two monopolistic industries traditionally subjected to regulation but which have experienced deregulation; broadcast and paycable television, a regulated industry in the sensitive area of Canadian culture; financial institutions, a competitive industry that raises problems because of its diversity; and pollution, an area of social regulation that has international relevance. Other applications include agriculture, rental housing, patented medicines and wage-price controls. This book is specifically written for university-level courses on government regulation. It does not, however, require extensive training in economic theory and would be suitable for students in related disciplines such as business administration and law.

Author : John Blundell,Colin Robinson
Publisher : Unknown
Page : 116 pages
File Size : 48,6 Mb
Release : 2000
Category : Business & Economics
ISBN : UOM:39015050691461

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Regulation Without the State by John Blundell,Colin Robinson Pdf

The rising tide of government regulation in most countries is provoking a reconsideration of the extent to which the state whould lay down rules for others. Self-regulation and other forms of voluntary rule-setting are being examined as substitutes for regulation by government. Readings 52 begins with a paper by John Blundell and Colin Robinson which analyses the forces behind government regulation, its shortcomings and the scope for voluntary regulation. Seven papers by distinguished commentators on regulation then examine Blundell and Robinson's conclusions.