Optimal Regulation

Download Optimal Regulation full books in PDF, epub, and Kindle. Read online Optimal Regulation ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Optimal Regulation

Author : Kenneth Train
Publisher : Mit Press
ISBN 13 : 9780262200844
Total Pages : 338 pages
Book Rating : 4.2/5 (8 download)

DOWNLOAD NOW!

Book Synopsis Optimal Regulation by : Kenneth Train

Download or read book Optimal Regulation written by Kenneth Train and published by Mit Press. This book was released on 1991 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Optimal Regulation addresses the central issue of regulatory economics - how toregulate firms in a way that induces them to produce and price "optimally." It synthesizes the majorfindings of an extensive theoretical literature on what constitutes optimality in various situationsand which regulatory mechanisms can be used to achieve it. It is the first text to provide aunified, modern, and nontechnical treatment of the field.The book includes models for regulatingoptimal output, tariffs, and surplus subsidy schemes, and presents all of the material graphically,with clear explanations of often highly technical topics.Kenneth E. Train is Associate AdjunctProfessor in the Department of Economics and Graduate School of Public Policy at the University ofCalifornia, Berkeley. He is also Principal of the firm Cambridge Systematics.Topics include: Thecost structure of natural monopoly (economies of scale and scope). Characterization of firstandsecond-best optimality. Surplus subsidy schemes for attaining first-best optimality. Ramsey pricesand the Vogelsang-Finsinger mechanism for attaining them. Time-ofuse (TOU) prices and Riordan'smechanisms for attaining the optimal TOU prices' Multipart and self-selecting tariffs, and Sibley'smethod for using self-selecting tariffs to achieve optimality. The Averch-Johnson model of howrate-of-return regulation induces inefficiencies. Analysis of regulation based on the firm's returnon Output, costs, or sales. Price-cap regulation. Regulatory treatment of uncertainty and its impacton the firm's behavior. Methods of attaining optimality without direct regulation (contestability,auctioning the monopoly franchise.)

Optimal Regulation and the Law of International Trade

Author : Boris Rigod
Publisher : Cambridge University Press
ISBN 13 : 1316453774
Total Pages : 487 pages
Book Rating : 4.3/5 (164 download)

DOWNLOAD NOW!

Book Synopsis Optimal Regulation and the Law of International Trade by : Boris Rigod

Download or read book Optimal Regulation and the Law of International Trade written by Boris Rigod and published by Cambridge University Press. This book was released on 2015-11-13 with total page 487 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are the limitations imposed on World Trade Organization (WTO) members' right to regulate efficient? This is a question that is only scarcely, if ever, analysed in existing literature. Boris Rigod aims to provide an answer to this fundamental concern. Using the tools of economic analysis and in particular the concept of economic efficiency as a benchmark, the author states that domestic regulatory measures should only be subject to scrutiny by WTO bodies when they cause negative international externalities through terms of trade manipulations. He then suggests that WTO law, applied by the WTO judiciary can prevent WTO members from attaining optimal levels of regulation. By applying a law and economics methodology, Rigod provides an innovative solution to the problem of how to reconcile members' regulatory autonomy and WTO rules as well as offering a novel analytical framework for assessing domestic regulations in the light of WTO law.

Optimal Regulation. The Economic ...

Author : Train
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (249 download)

DOWNLOAD NOW!

Book Synopsis Optimal Regulation. The Economic ... by : Train

Download or read book Optimal Regulation. The Economic ... written by Train and published by . This book was released on 1997 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economics, Regulation, and Systemic Risk of Insurance Markets

Author : Felix Hufeld
Publisher : Oxford University Press
ISBN 13 : 0198788819
Total Pages : 247 pages
Book Rating : 4.1/5 (987 download)

DOWNLOAD NOW!

Book Synopsis The Economics, Regulation, and Systemic Risk of Insurance Markets by : Felix Hufeld

Download or read book The Economics, Regulation, and Systemic Risk of Insurance Markets written by Felix Hufeld and published by Oxford University Press. This book was released on 2017 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book brings together academics, regulators, and industry experts to provide a multifaceted array of research and perspectives on insurance, its role and functioning, and the potential systemic risk it could create.

Optimal Regulation Under Heterogeneity

Author : Nicholas Brozović
Publisher :
ISBN 13 :
Total Pages : 252 pages
Book Rating : 4.:/5 (34 download)

DOWNLOAD NOW!

Book Synopsis Optimal Regulation Under Heterogeneity by : Nicholas Brozović

Download or read book Optimal Regulation Under Heterogeneity written by Nicholas Brozović and published by . This book was released on 2002 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Federal Regulation of Methadone Treatment

Author : Committee on Federal Regulation of Methadone Treatment
Publisher : National Academies Press
ISBN 13 : 0309598621
Total Pages : 251 pages
Book Rating : 4.3/5 (95 download)

DOWNLOAD NOW!

Book Synopsis Federal Regulation of Methadone Treatment by : Committee on Federal Regulation of Methadone Treatment

Download or read book Federal Regulation of Methadone Treatment written by Committee on Federal Regulation of Methadone Treatment and published by National Academies Press. This book was released on 1995-02-01 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: For nearly three decades, methadone hydrochloride has been the primary means of treating opiate addiction. Today, about 115,000 people receive such treatment, and thousands more have benefited from it in the past. Even though methadone's effectiveness has been well established, its use remains controversial, a fact reflected by the extensive regulation of its manufacturing, labeling, distribution, and use. The Food and Drug Administration regulates the safety and effectiveness of methadone, as it does for all drugs, and the Drug Enforcement Administration regulates it as a controlled substance. However, methadone is also subjected to a unique additional tier of regulation that prescribes how and under what circumstances it may be used to treat opiate addiction. Federal Regulation of Methadone Treatment examines current Department of Health and Human Services standards for narcotic addiction treatment and the regulation of methadone treatment programs pursuant to those standards. The book includes an evaluation of the effect of federal regulations on the provision of methadone treatment services and an exploration of options for modifying the regulations to allow optimal clinical practice. The volume also includes an assessment of alternatives to the existing regulations.

Self-Regulation Theory

Author : Dennis Mithaug
Publisher : Praeger
ISBN 13 : 0275944220
Total Pages : 0 pages
Book Rating : 4.2/5 (759 download)

DOWNLOAD NOW!

Book Synopsis Self-Regulation Theory by : Dennis Mithaug

Download or read book Self-Regulation Theory written by Dennis Mithaug and published by Praeger. This book was released on 1993-02-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author's Self-Regulation Theory explains how people optimize their adjustments in order to maximize their gains toward getting what they want from their environments. It describes the reciprocal effects of human adjustment and environmental change. The interaction among what regulators expect, how they choose, and what they do affects and is affected by optimal and suboptimal environmental contingencies. Although Self-Regulation Theory is consistent with current behavioral, cognitive, and cognitive-behavioral models of adjustment, it goes beyond them by describing the problem-solving and solution-doing mechanisms that lead to optimal adjustments and maximal gains. This permits the theory to predict precise relationships between self-regulated gain towards goal attainment and the consequences of goal attainment. Although the conclusions do not contradict generally accepted views, they challenge current perspectives on how to define and analyze the problem of adaptation. By separating the mechanism of self-regulation from the environmental effect it produces, we can examine the unique contribution of the self-regulating system to its own success or failure. Also, by defining environmental optimalities from the perspective of the regulator, we can assess how the same menu of environmental opportunities changes from being suboptimal to optimal as a function of the regulator's success in adjusting.

The Zones of Regulation

Author : Leah M. Kuypers
Publisher :
ISBN 13 : 9780982523162
Total Pages : 188 pages
Book Rating : 4.5/5 (231 download)

DOWNLOAD NOW!

Book Synopsis The Zones of Regulation by : Leah M. Kuypers

Download or read book The Zones of Regulation written by Leah M. Kuypers and published by . This book was released on 2011 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: "... a curriculum geared toward helping students gain skills in consciously regulating their actions, which in turn leads to increased control and problem solving abilities. Using a cognitive behavior approach, the curriculum's learning activities are designed to help students recognize when they are in different states called "zones," with each of four zones represented by a different color. In the activities, students also learn how to use strategies or tools to stay in a zone or move from one to another. Students explore calming techniques, cognitive strategies, and sensory supports so they will have a toolbox of methods to use to move between zones. To deepen students' understanding of how to self-regulate, the lessons set out to teach students these skills: how to read others' facial expressions and recognize a broader range of emotions, perspective about how others see and react to their behavior, insight into events that trigger their less regulated states, and when and how to use tools and problem solving skills. The curriculum's learning activities are presented in 18 lessons. To reinforce the concepts being taught, each lesson includes probing questions to discuss and instructions for one or more learning activities. Many lessons offer extension activities and ways to adapt the activity for individual student needs. The curriculum also includes worksheets, other handouts, and visuals to display and share. These can be photocopied from this book or printed from the accompanying CD."--Publisher's website.

Optimal Regulation with Exemptions

Author : Louis Kaplow
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (16 download)

DOWNLOAD NOW!

Book Synopsis Optimal Regulation with Exemptions by : Louis Kaplow

Download or read book Optimal Regulation with Exemptions written by Louis Kaplow and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite decades of research on mechanism design and on many practical aspects of cost-benefit analysis, one of the most basic and ubiquitous features of regulation as actually implemented throughout the world has received little theoretical attention: exemptions for small firms. These firms may generate a disproportionate share of harm due to their being exempt and because exemption induces additional harmful activity to be channeled their way. This article analyzes optimal regulation with exemptions where firms have different productivities that are unobservable to the regulator, regulated and unregulated output each cause harm although at different levels, and the regulatory regime affects entry as well as the output choices of regulated and unregulated firms. In many settings, optimal schemes involve subtle effects and have counterintuitive features: for example, higher regulatory costs need not favor higher exemptions, and the incentives of firms to drop output to become exempt can be too weak as well as too strong. A final section examines the optimal use of output taxation alongside regulation, which illustrates the contrast with the mechanism design approach that analyzes the optimal use of instruments of a type that are not in widespread use.

Allostasis, Homeostasis, and the Costs of Physiological Adaptation

Author : Jay Schulkin
Publisher : Cambridge University Press
ISBN 13 : 1316347702
Total Pages : 388 pages
Book Rating : 4.3/5 (163 download)

DOWNLOAD NOW!

Book Synopsis Allostasis, Homeostasis, and the Costs of Physiological Adaptation by : Jay Schulkin

Download or read book Allostasis, Homeostasis, and the Costs of Physiological Adaptation written by Jay Schulkin and published by Cambridge University Press. This book was released on 2004-10-25 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of homeostasis, the maintenance of the internal physiological environment of an organism within tolerable limits, is well established in medicine and physiology. In contrast, allostasis is a relatively new idea of 'viability through change'. With allostatic regulation by cephalic involvement, the body adapts to potentially diverse and dangerous situations through the activation of neural, hormonal, or immunological mechanisms. Allostasis explains how regulatory events maintain organismic viability, or not, in diverse contexts with varying set points of bodily needs and competing motivations. This 2005 book introduces the concept of allostasis and sets it alongside traditional views of homeostasis. It addresses basic regulatory systems and examines the behavior of bodily regulation under duress. The basic concepts of physiological homeostasis are integrated with disorders like depression, stress, anxiety and addiction. It will therefore appeal to graduate students, medical students and researchers working in physiology, epidemiology, endocrinology, neuroendocrinology, neuroscience, and psychology.

Optimal Regulation and the Law of International Trade

Author : Boris Rigod
Publisher : Cambridge University Press
ISBN 13 : 1107116120
Total Pages : 321 pages
Book Rating : 4.1/5 (71 download)

DOWNLOAD NOW!

Book Synopsis Optimal Regulation and the Law of International Trade by : Boris Rigod

Optimal Regulation Processes

Author : Lev Semenovich Pontri︠a︡gin
Publisher :
ISBN 13 :
Total Pages : 19 pages
Book Rating : 4.:/5 (51 download)

DOWNLOAD NOW!

Book Synopsis Optimal Regulation Processes by : Lev Semenovich Pontri︠a︡gin

Download or read book Optimal Regulation Processes written by Lev Semenovich Pontri︠a︡gin and published by . This book was released on 1961 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Regulation and Markets

Author : Daniel F. Spulber
Publisher : MIT Press
ISBN 13 : 9780262192750
Total Pages : 720 pages
Book Rating : 4.1/5 (927 download)

DOWNLOAD NOW!

Book Synopsis Regulation and Markets by : Daniel F. Spulber

Download or read book Regulation and Markets written by Daniel F. Spulber and published by MIT Press. This book was released on 1989 with total page 720 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The optimal regulation of large-scale interconnected linear systems

Author : J. A. Mathews
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (599 download)

DOWNLOAD NOW!

Book Synopsis The optimal regulation of large-scale interconnected linear systems by : J. A. Mathews

Download or read book The optimal regulation of large-scale interconnected linear systems written by J. A. Mathews and published by . This book was released on 1980 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Paradox of Regulation

Author : Fiona Haines
Publisher : Edward Elgar Publishing
ISBN 13 : 0857933159
Total Pages : 289 pages
Book Rating : 4.8/5 (579 download)

DOWNLOAD NOW!

Book Synopsis The Paradox of Regulation by : Fiona Haines

Download or read book The Paradox of Regulation written by Fiona Haines and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Paradox of Regulation is a tour de force of regulatory scholarship that successfully contextualizes the regulatory project as an effort to reduce multiple forms of risk. Three case studies of regulatory reforms, fascinating in their own right, when read together forcefully demonstrate why context matters to the actuarial assessments, political realities, and possibilities for insuring safety, security and integrity. Haines, penetrating analysis presents no simple answers to what works and why. The Paradox of Regulation nimbly demonstrates that the strengths and limits of a particular regulatory reform must be understood as a complicated response to a dynamic constellation of actuarial, political, and socio-cultural risks.,- Nancy Reichman, University of Denver, US , This new book by Fiona Haines is an elegant but sophisticated analysis of the three risks (technical, social and political) that regulation must address if it is to be effective. This analysis is original and fresh bringing together critiques of risk based regulation with empirical literature on compliance and effectiveness evaluation. This is exactly the sort of book we need more of to develop and deepen empirical and theoretical research in regulatory scholarship: - it helpfully melds together different literatures and theoretical approaches with her own empirical work on regulatory reforms to build a multi-layered theoretical analysis that really pushes forward our understanding of regulation, why it happens and how it fails and succeeds., - Christine Parker, Monash University, Australia ,This is an insightful and nuanced analysis of the strengths and limitations of regulation. Through a close grained analysis of three recent disasters, Haines demonstrates that regulation is not just a technical but also a political and a social project and how a failure to recognise its multiple dimensions can lead to regulatory failure. This book is a major contribution that enriches our understanding of the challenges of risk management and of how best to address them.'- Neil Gunningham, Australian National University, Canberra , Fiona Haines shows us that regulatory policy is complex and paradoxical in ways that should require us to attend to the substance and the politics of specific regulatory regimes. This book is a major contribution to the reconceptualisation of risk and regulation. It is a perceptive treatment of the role of crisis by one of the best scholars of regulation we have., - John Braithwaite, Australian National University, Canberra

Optimal Regulation in the Presence of Reputation Concerns

Author : Dan Elfenbein
Publisher :
ISBN 13 :
Total Pages : 66 pages
Book Rating : 4.:/5 (129 download)

DOWNLOAD NOW!

Book Synopsis Optimal Regulation in the Presence of Reputation Concerns by : Dan Elfenbein

Download or read book Optimal Regulation in the Presence of Reputation Concerns written by Dan Elfenbein and published by . This book was released on 2012 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Prudential Regulation of Banks

Author : Mathias Dewatripont
Publisher :
ISBN 13 : 9780262513869
Total Pages : 0 pages
Book Rating : 4.5/5 (138 download)

DOWNLOAD NOW!

Book Synopsis The Prudential Regulation of Banks by : Mathias Dewatripont

Download or read book The Prudential Regulation of Banks written by Mathias Dewatripont and published by . This book was released on 1994-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Prudential Regulation of Banks applies modern economic theory to prudential regulation of financial intermediaries. Dewatripont and Tirole tackle the key problem of providing the right incentives to management in banks by looking at how external intervention by claimholders (holders of equity or debt) affects managerial incentives and how that intervention might ideally be implemented. Their primary focus is the regulation of commercial banks and S&Ls, but many of the implications of their theory are also valid for other intermediaries such as insurance companies, pension funds, and securities funds. Observing that the main concern of the regulation of intermediaries is solvency (the relation between equity, debt, and asset riskiness), the authors provide institutional background and develop a case for regulation as performing the monitoring functions (screening, auditing, convenant writing, and intervention) that dispersed depositors are unable or unwilling to perform. They also illustrate the dangers of regulatory failure in a summary of the S&L crisis of the 1980s. Following a survey of banking theory, Dewatripont and Tirole develop their model of the capital structure of banks and show how optimal regulation can be achieved using capital adequacy requirements and external intervention when banks are violated. They explain how regulation can be designed to minimize risks of accounting manipulations and to insulate bank managers from macroeconomic shocks, which are beyond their control. Finally, they provide a detailed evaluation of the existing regulation and of potential alternatives, such as rating agencies, private deposit insurance, and large private depositors. They show that these reforms are, at best, a complement, rather than a substitute, to the existing regulation which combines capital ratios with external intervention in case of insolvency. The Prudential Regulation of Banks is part of the Walras Pareto Lectures, from the Universiy of Lausanne.