Essays in the Theory of Economic Regulation : a Variety Model for Economics and Law

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Author :
Publisher : 1975.
ISBN 13 :
Total Pages : 768 pages
Book Rating : 4.:/5 (231 download)

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Book Synopsis Essays in the Theory of Economic Regulation : a Variety Model for Economics and Law by : Marchant, Cosmo Kenningham

Download or read book Essays in the Theory of Economic Regulation : a Variety Model for Economics and Law written by Marchant, Cosmo Kenningham and published by 1975.. This book was released on 1975 with total page 768 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Theory of Competitive Price

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Publisher :
ISBN 13 :
Total Pages : 216 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Theory of Competitive Price by : George Joseph Stigler

Download or read book The Theory of Competitive Price written by George Joseph Stigler and published by . This book was released on 1946 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Regulation

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Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 744 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Economic Regulation by : Paul L. Joskow

Download or read book Economic Regulation written by Paul L. Joskow and published by Edward Elgar Publishing. This book was released on 2000 with total page 744 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of readings on the industries that are economically regulated (sometimes referred to as natural monopolies) includes both theoretical and empirical articles that discuss topics such as efficient pricing for natural monopolies, including peak-load pricing, and the effects of economic regulation in practice, examining regulatory reform in a variety of industries. Joskow (economics and management, MIT) includes essays by economists such as Richard Posner, William Baumol, Nancy L. Rose, and John Vickers. No subject index. Annotation copyrighted by Book News, Inc., Portland, OR

Law and Social Economics

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Publisher : Springer
ISBN 13 : 1137443766
Total Pages : 222 pages
Book Rating : 4.1/5 (374 download)

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Book Synopsis Law and Social Economics by : M. White

Download or read book Law and Social Economics written by M. White and published by Springer. This book was released on 2015-03-04 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume is the first collection of essays exploring the intersection of social economics and the law, providing alternatives to neoclassical law-and-economics and applying them to real-world issues. Law is a social enterprise concerned with values such as justice, dignity, and equality, as well as efficiency - which is the same way that social economists conceive of the economy itself. Social economists and legal scholars alike need to acknowledge the interrelationship between the economy and the law in a broader ethical context than enabled by mainstream law-and-economics. The ten chapters in Law and Social Economics, written by an international assortment of scholars from economics, philosophy, and law, employ a wide variety of approaches and methods to show how a more ethically nuanced approach to economics and the law can illuminate both fields and open up new avenues for studying social-economic behavior, policy, and outcomes in all their ethical and legal complexity.

Law and Economics

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Publisher : Routledge
ISBN 13 : 131746642X
Total Pages : 476 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis Law and Economics by : Margaret Oppenheimer

Download or read book Law and Economics written by Margaret Oppenheimer and published by Routledge. This book was released on 2015-06-01 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic analysis of legal and regulatory issues need not be limited to the neoclassical economic approach. The expert contributors to this work employ a variety of heterodox legal-economic theories to address a broad range of legal issues. They demonstrate how these various approaches can lead to very different conclusions concerning the role of the law and legal intervention in a wide array of contexts. The schools of thought and methodologies represented here include institutional economics, new institutional economics, socio-economics, social economics, behavioral economics, game theory, feminist economics, Rawlsian economics, radical economics, Austrian economics, and personalist economics. The legal and regulatory issues examined include anti-trust and competition, corporate governance, the environment and natural resources, land use and property rights, unions and collective bargaining, welfare benefits, work-time regulation and standards, sexual harassment in the workplace, obligations of employers and employees to each other, crime, torts, and even the structure of government. Each contributor brings a different emphasis and provides thoughtful, sometimes provocative analysis and conclusions. Together, these heterodox insights will provide valuable supplementary reading for courses in law and economics as well as public policy and business courses at both the graduate and undergraduate levels.

Economic Regulation

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Publisher :
ISBN 13 :
Total Pages : 402 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Economic Regulation by : Kenneth D. Boyer

Download or read book Economic Regulation written by Kenneth D. Boyer and published by . This book was released on 1981 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Foundations of Law and Economics

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Publisher :
ISBN 13 : 9781784712907
Total Pages : 555 pages
Book Rating : 4.7/5 (129 download)

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Book Synopsis Foundations of Law and Economics by : Robert Cooter

Download or read book Foundations of Law and Economics written by Robert Cooter and published by . This book was released on 2009 with total page 555 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This landmark collection of essays provides an overview of the essential theories and methods used in the study of law and economics. The editors' careful selection includes substantial contributions from other disciplines that shed new light on the assumptions, theories and methods that may enhance the understanding of human behavior. The first part presents papers discussing theories central to the foundations of law and economics. The second part offers papers describing a variety of methodologies designed to improve traditional economic models."--Publisher's website.

Economic Regulation and Its Reform

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Publisher : University of Chicago Press
ISBN 13 : 022613816X
Total Pages : 619 pages
Book Rating : 4.2/5 (261 download)

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Book Synopsis Economic Regulation and Its Reform by : Nancy L. Rose

Download or read book Economic Regulation and Its Reform written by Nancy L. Rose and published by University of Chicago Press. This book was released on 2014-08-29 with total page 619 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Essays in the Law and Economics of Regulation

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Publisher :
ISBN 13 : 9789050958615
Total Pages : 0 pages
Book Rating : 4.9/5 (586 download)

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Book Synopsis Essays in the Law and Economics of Regulation by : A. I. Ogus

Download or read book Essays in the Law and Economics of Regulation written by A. I. Ogus and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, written to honour a remarkable figure in the law and economics scene in Europe, Anthony Ogus, contains contributions on issues of regulation and the enforcement of regulation. The contributions provide some thought-provoking ideas which may stimulate the further development of law and economics.

Government and Markets

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Publisher : Cambridge University Press
ISBN 13 : 1139481908
Total Pages : 579 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Government and Markets by : Edward J. Balleisen

Download or read book Government and Markets written by Edward J. Balleisen and published by Cambridge University Press. This book was released on 2009-11-16 with total page 579 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Transportation Policy and Economic Regulation

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Publisher : Academic Press
ISBN 13 : 0128126213
Total Pages : 380 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Transportation Policy and Economic Regulation by : John Bitzan

Download or read book Transportation Policy and Economic Regulation written by John Bitzan and published by Academic Press. This book was released on 2018-04-14 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transportation Policy and Economic Regulation: Essays in Honor of Theodore Keeler addresses a number of today’s important transportation policy issues, exploring a variety of transportation modes, and examining the policy implications of a number of alternatives. Theodore Keeler had a distinguished career in transportation economics, helping to shape regulatory policies concerning the transportation industries and assessing the appropriateness of various policies. A distinguishing feature of his work is that it always had policy implications. As a tribute to Theodore Keeler, this book examines transportation policy issues across a variety of transportation industries, including aviation, railroads, highways, motor carrier transport, automobiles, urban transit, and ocean shipping. The book evaluates the economic impact and effectiveness of various policies, employing empirical analyses and new estimation techniques, such as Bayesian analysis. The book is designed for transportation professionals and researchers, as well as transportation economics students, providing an in-depth analysis of some of today’s important transportation policy issues. Policy changes established in the last 35-40 years have introduced profound changes in the business environment of the transportation industry. Past policy changes promoted the free market’s role in setting prices and determining service availability. While 21st century policy has focused on a variety of other issues, such as safety, road and air congestion, productivity growth, labor relations and exhaust emission, many still promote the role of competition. In addition to examining various transportation policy issues in the U.S., the book explores some approaches to dealing with transportation issues in different parts of the world. Contemporary transportation policy debates have broadened from their initial focus of primarily examining the merits of reforming economic regulations at national levels, to now examining a variety of issues such as alternative methods of social regulation (such as safety regulation and emission controls), new approaches to changing economic regulations, the potential for reforming international regulations, and the appropriate role for government in transportation. Examines transportation policy developments across a variety of modes, including some international analysis Shows how new policy changes, such as changes in regulation, affect overall transportation system performance Features chapters that use innovative methodologies, such as Bayesian techniques, qualitative analysis, and an attribute-incorporated Malmquist productivity index Examines the ways that policy impacts depend on a variety of factors, and shows how economic tools can be used to gain greater insights into the likely impacts of policy and the desirability of various policies Analyzes transport prices, quality of service, safety, the use of information technology and operating issues, highlighting how transportation enhances quality of life

Law, Economics and Evolutionary Theory

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Publisher : Edward Elgar Publishing
ISBN 13 : 1849808988
Total Pages : 385 pages
Book Rating : 4.8/5 (498 download)

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Book Synopsis Law, Economics and Evolutionary Theory by : Peer Zumbansen

Download or read book Law, Economics and Evolutionary Theory written by Peer Zumbansen and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evolutionary theory belongs to the rare species of theories that are simultaneously fundamental and over-arching, implicating as it does numerous life contexts as well as an array of scholarly disciplines. Armed with a profound grasp of evolutionary theory and its implications to social research, Professors Zumbansen and Calliess have mobilized an appropriately diverse and truly stellar group of academics to investigate how this theory may provide new insights about law, economics, and their inter-relations. Cast against an especially broad intellectual backdrop set by the editors, this volume is sure to become a standard reference in literature. Amir N. Licht, Radzyner School of Law, Israel Zumbansen and Calliess have done a wonderful job in assembling papers from the leading scholars in the field, who draw on evolutionary approaches for explaining developments in both economics and the law. Anybody interested in issues of institutional change will be inspired by the wealth of ideas and the diversity of perspectives. Stefan Voigt, University of Hamburg, Germany Law and economics has arguably become one of the most influential theories in contemporary legal theory and adjudication. The essays in this volume, authored by both legal scholars and economists, constitute lively and critical engagements between law and economics and new institutional economics from the perspectives of legal and evolutionary theory. The result is a fresh look at core concepts in law and economics such as institutions , institutional change and market failure that offer new perspectives on the relationship between economic and legal governance. The increasingly transnational dimension of regulatory governance presents lawyers, economists and social scientists with an unprecedented number of complex analytical and conceptual questions. The contributions to this volume engage with legal theory, new institutional economics, economic sociology and evolutionary economics in an interdisciplinary assessment of the capacities and limits of the state, markets and institutions. Drawing as well upon legal sociology and the philosophy of law, the authors expand and transform the known terrain of law and economics by applying evolutionary theory to both law and economics from a domestic and transnational perspective. Legal scholars, evolutionary and regulatory theorists, economists, economic sociologists, economic historians and political scientists will find this cutting-edge volume both challenging and engaging.

Law and Economics of Regulation

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Publisher : Springer Nature
ISBN 13 : 3030705307
Total Pages : 327 pages
Book Rating : 4.0/5 (37 download)

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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.

A Reader on Regulation

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Publisher :
ISBN 13 :
Total Pages : 568 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis A Reader on Regulation by : Robert Baldwin

Download or read book A Reader on Regulation written by Robert Baldwin and published by . This book was released on 1998 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regulation has become a key form of state activity and an area of burgeoning academic concern, both in Public Law and Economics. This collection makes available to the reader a number of indispensable readings. The text considers the central topics of regulation and looks to theory as well as practice, enforcement as well as rule-making, and supra-national as well as domestic concerns. Particular attention is paid to the ways that regulatory developments can be explained, the choices of technique that confront regulators and the varieties of regulatory style that are encountered within and between different regimes. The introductory essay considers the maturation of regulation both as a practice and as a discipline. it examines regulation as a topic for study, reviews major developments in regulation and outlines central themes. This book is intended as a resource for upper-level undergraduate students and teachers of regulation as part of degree courses in law, economics, business, public policy and politics, but also for those involved in or subject to regulation on a daily basis.

Law and Economics

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Publisher : Peter Lang Incorporated, International Academic Publishers
ISBN 13 :
Total Pages : 494 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Law and Economics by : Robin Paul Malloy

Download or read book Law and Economics written by Robin Paul Malloy and published by Peter Lang Incorporated, International Academic Publishers. This book was released on 1995 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: Law and Economics: New and Critical Perspectives is a unique collection of original scholarly essays. In this one book, the editors have assembled the contributions of many of the leading scholars in law and economics and have succeeded in capturing the breadth and depth of current debates within the field. There are essays describing the multiple perspectives and conflicting approaches to law and economics as well as contributions that apply the law and economics method to a variety of particular social problems. The essays show that law and economics analysis has evolved into a rich discourse with political, economic, and social consequences. This book will be of interest to a wide variety of researchers and students concerned with interdisciplinary approaches to some of our most pressing social problems.

Research Handbook on Economic Models of Law

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Publisher : Edward Elgar Publishing
ISBN 13 : 1781000158
Total Pages : 383 pages
Book Rating : 4.7/5 (81 download)

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Book Synopsis Research Handbook on Economic Models of Law by : Thomas J. Micell

Download or read book Research Handbook on Economic Models of Law written by Thomas J. Micell and published by Edward Elgar Publishing. This book was released on 2013-12-27 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: øOne of the great successes of the law and economics movement has been the use of economic models to explain the structure and function of broad areas of law. The original contributions to this volume epitomize that tradition, offering state-of-the-art

Capturing Regulatory Reality

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Publisher :
ISBN 13 :
Total Pages : 15 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Capturing Regulatory Reality by : Christopher Carrigan

Download or read book Capturing Regulatory Reality written by Christopher Carrigan and published by . This book was released on 2016 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper offers a retrospective assessment of economist George Stigler's classic article, The Theory of Economic Regulation. Stigler argued that regulation is a product that, just like any other product, is produced in a market, and that it can be acquired from the governmental “marketplace” by business firms to serve their private interests and create barriers to entry for potential competitors. He challenged the idea that regulation arises solely to serve the public interest and demonstrated that important political advantages held by businesses can contribute to industry capture of the regulatory process. Although his argument was largely based on the theoretical framework he developed, Stigler also illustrated his insights with empirical evidence from state-level regulatory schemes, including trucking regulation and occupational licensing. In this paper, we re-examine Stigler's argument and analysis more than forty years later. Despite the great value of Stigler's work in illuminating the problem of regulatory capture, his influential article nevertheless did exaggerate the power of business over regulators, as he suggested the existence of nearly an iron law of business control that clearly does not exist. He also confusingly conflated elected legislators with more independent agency bureaucrats, failed to rule out the public interest theory of regulation, and relied in part on unrealistic assumptions about the political economy of regulation. Notwithstanding these shortcomings, Stigler's ground-breaking theory holds enduring value to both scholars and policymakers, and his innovative use of economic principles and empirical analysis provides a much-needed template for the further study of regulation and regulatory institutions even today.