Law and Economics of Regulation

Law and Economics of Regulation
Author :
Publisher : Springer Nature
Total Pages : 327
Release :
ISBN-10 : 9783030705305
ISBN-13 : 3030705307
Rating : 4/5 (307 Downloads)

Book Synopsis Law and Economics of Regulation by : Klaus Mathis

Download or read book Law and Economics of Regulation written by Klaus Mathis and published by Springer Nature. This book was released on 2021-04-24 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.


Law and Economics of Regulation Related Books

Law and Economics of Regulation
Language: en
Pages: 327
Authors: Klaus Mathis
Categories: Law
Type: BOOK - Published: 2021-04-24 - Publisher: Springer Nature

DOWNLOAD EBOOK

This book explores current issues regarding the regulation of various economic sectors, theoretically and empirically, discussing both neoclassical and behaviou
Economics of Regulation and Antitrust
Language: en
Pages: 955
Authors: W. Kip Viscusi
Categories: Business & Economics
Type: BOOK - Published: 2005-08-19 - Publisher: MIT Press

DOWNLOAD EBOOK

A substantially revised and updated new edition of the leading text on business and government, with new material reflecting recent theoretical and methodologic
Regulation Versus Litigation
Language: en
Pages: 344
Authors: Daniel P. Kessler
Categories: Business & Economics
Type: BOOK - Published: 2011-02 - Publisher: University of Chicago Press

DOWNLOAD EBOOK

The efficacy of various political institutions is the subject of intense debate between proponents of broad legislative standards enforced through litigation an
Modern Economic Regulation
Language: en
Pages: 779
Authors: Christopher Decker
Categories: Business & Economics
Type: BOOK - Published: 2023-05-31 - Publisher: Cambridge University Press

DOWNLOAD EBOOK

Brings economic regulation to life by tracing theoretical insights through to real-world applications in eight essential regulated sectors.
Economic Regulation and Its Reform
Language: en
Pages: 619
Authors: Nancy L. Rose
Categories: Business & Economics
Type: BOOK - Published: 2014-08-29 - Publisher: University of Chicago Press

DOWNLOAD EBOOK

The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries hi