Regulation And Economic Analysis

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

Regulation and Economic Analysis

Author : R.L. Gordon
Publisher : Springer Science & Business Media
ISBN 13 : 1461526205
Total Pages : 279 pages
Book Rating : 4.4/5 (615 download)

DOWNLOAD NOW!

Book Synopsis Regulation and Economic Analysis by : R.L. Gordon

Download or read book Regulation and Economic Analysis written by R.L. Gordon and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regulation and Economic Analysis: A Critique Over Two Centuries argues that long experience with the practice of regulation creates a broad anti-intervention consensus among economists. This consensus is based on comparison of real intervention to real markets rather than an ideological preconception. It is shown that economic theory can support all possible positions on intervention. Much theory is too abstract to support any policy position; many arguments about how intervention might help contain qualifications expressing doubts about whether the potential can be realized; many theories illustrate the drawbacks of intervention. The vast literature on these issues concentrates either on specific cases or polemics that exaggerate both sides of the argument. Regulation and Economic Analysis seeks to show the depth of the discontent, develop interpretations of economic theory that follow from skepticism about statism and provide selected illustrations. The discussion begins with examination of general equilibrium theory and proceeds to discuss market failure with stress on monopoly and particularly what is deemed excessive concern with predatory behavior. International trade issues, transaction costs, property rights, economic theories of government, the role of special institutions such as contracts, the defects of macroeconomic and equity arguments for regulating individual markets, environmental economics and the defects of public land management policies are examined.

Law and Economics of Regulation

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

DOWNLOAD NOW!

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.

The Costs and Benefits of Regulation

Author : J. Luis Guasch
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 45 pages
Book Rating : 4./5 ( download)

DOWNLOAD NOW!

Book Synopsis The Costs and Benefits of Regulation by : J. Luis Guasch

Download or read book The Costs and Benefits of Regulation written by J. Luis Guasch and published by World Bank Publications. This book was released on 1997 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economics of Regulation and Antitrust

Author : W. Kip Viscusi
Publisher : MIT Press
ISBN 13 : 026222075X
Total Pages : 955 pages
Book Rating : 4.2/5 (622 download)

DOWNLOAD NOW!

Book Synopsis Economics of Regulation and Antitrust by : W. Kip Viscusi

Download or read book Economics of Regulation and Antitrust written by W. Kip Viscusi and published by MIT Press. This book was released on 2005-08-19 with total page 955 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

In Defense of the Economic Analysis of Regulation

Author : Robert William Hahn
Publisher : A E I Press
ISBN 13 :
Total Pages : 136 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!

Book Synopsis In Defense of the Economic Analysis of Regulation by : Robert William Hahn

Download or read book In Defense of the Economic Analysis of Regulation written by Robert William Hahn and published by A E I Press. This book was released on 2005 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This monograph addresses the analytical concerns raised by the critics. It makes four points: First, summary measures of the impact of regulations have made important contributions to our understanding of the regulatory process, a point often overlooked by the critics; second, many of the critics' concerns could be addressed by making refinements to scorecards rather than wholly rejecting them as an analytical tool; third, some of the suggestions made by the critics are legitimate, but many are not; and finally, the solution to legitimate concerns raised by the critics is not to eliminate quantitative economic analysis but to gain a deeper understanding of its strengths and weaknesses and to use it wisely."--BOOK JACKET.

The Economics of Public Utility Regulation

Author : Michael A. Crew
Publisher : Springer
ISBN 13 : 1349072958
Total Pages : 306 pages
Book Rating : 4.3/5 (49 download)

DOWNLOAD NOW!

Book Synopsis The Economics of Public Utility Regulation by : Michael A. Crew

Download or read book The Economics of Public Utility Regulation written by Michael A. Crew and published by Springer. This book was released on 1986-06-18 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Analysis of the Arbitrator’s Function

Author : Bruno Guandalini
Publisher : Kluwer Law International B.V.
ISBN 13 : 9403522704
Total Pages : 356 pages
Book Rating : 4.4/5 (35 download)

DOWNLOAD NOW!

Book Synopsis Economic Analysis of the Arbitrator’s Function by : Bruno Guandalini

Download or read book Economic Analysis of the Arbitrator’s Function written by Bruno Guandalini and published by Kluwer Law International B.V.. This book was released on 2020-06-16 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Analysis of the Arbitrator’s Function Bruno Guandalini Arbitration has become an important market, where arbitrators are rational economic agents maximizing their utility. Although this is self-evident, it is rarely discussed. This penetrating book is the first to comprehensively analyze the market for arbitrators and arbitrators’ economic role within it. In great depth, the author tackles such salient issues as the following: effect of perceived inefficiencies and high costs on arbitration legitimacy; alleged commercialization of the arbitrator’s function; possible ethical problem raised by financial remuneration for rendering justice; what motivates a person to arbitrate; market for arbitrators’ functioning and failures, providing a better understanding of how actors could behave in such a specific market; structural and artificial entry barriers; effect of an arbitrator’s strategic behavior on the arbitrator’s function; limitations on an arbitrator’s rationality; and preventing and correcting these limitations. Numerous references to customs and procedures in major arbitral jurisdictions and to international laws and conventions affecting the efficiency of the arbitrator’s function are included. Pursuing a non-prescriptive analysis, the author draws on the discipline of law and economics, rational choice theory, behavioral economics, and psychological work on bounded rationality. Understanding the arbitrator’s function as a legal institution that is influenced by the market, this pioneer in developing and systematizing the study of the market for arbitrators and how it works will prove of inestimable value to all stakeholders in the arbitration market. Arbitrators, policymakers, regulators, and academics will be enabled to open the way to a more efficient market for arbitrators and betterment in arbitration worldwide.

Regulatory Reform

Author : Mark Armstrong
Publisher : MIT Press
ISBN 13 : 9780262510790
Total Pages : 414 pages
Book Rating : 4.5/5 (17 download)

DOWNLOAD NOW!

Book Synopsis Regulatory Reform by : Mark Armstrong

Download or read book Regulatory Reform written by Mark Armstrong and published by MIT Press. This book was released on 1994 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tackles the important issue of how to regulate firms with market power.

In Defense of the Economic Analysis of Regulation

Author : Robert W. Hahn
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

DOWNLOAD NOW!

Book Synopsis In Defense of the Economic Analysis of Regulation by : Robert W. Hahn

Download or read book In Defense of the Economic Analysis of Regulation written by Robert W. Hahn and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Several scholars are highly skeptical of the use of cost-benefit analysis and other economic tools in regulatory decision making. Recently, these critics have focused on debunking economic summaries of regulatory activity, sometimes referred to as regulatory scorecards. The critics generally support less quantitative economic analysis of regulations. This monograph addresses the analytical concerns raised by the critics. It makes four points: First, summary measures of the impact of regulations have made important contributions to our understanding of the regulatory process, a point often overlooked by the critics; second, many of the critics' concerns could be addressed by making refinements to scorecards rather than wholly rejecting them as an analytical tool; third, some of the suggestions made by the critics are legitimate, but many are not; and finally, the solution to legitimate concerns raised by the critics is not to eliminate quantitative economic analysis but to gain a deeper understanding of its strengths and weaknesses and to use it wisely.

Economic Analysis of Law

Author : Richard A. Posner
Publisher : Aspen Publishers
ISBN 13 :
Total Pages : 698 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!

Book Synopsis Economic Analysis of Law by : Richard A. Posner

Download or read book Economic Analysis of Law written by Richard A. Posner and published by Aspen Publishers. This book was released on 1986 with total page 698 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text for students of law and economics concentrates on the progress of scholarship in the field. Concrete applications are emphasized over abstract theory in the book.

The Economics of Government Regulation

Author : Wang Junhao
Publisher : Routledge
ISBN 13 : 9781032026541
Total Pages : 0 pages
Book Rating : 4.0/5 (265 download)

DOWNLOAD NOW!

Book Synopsis The Economics of Government Regulation by : Wang Junhao

Download or read book The Economics of Government Regulation written by Wang Junhao and published by Routledge. This book was released on 2023-01-09 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an in-depth and systematic review of the two major forms of regulation--regulatory process and capture theory, with particular emphasis on the Chinese context, drawing from a myriad of cases across the telecommunications, electric power, and water industries sectors since the founding of the People's Republic of China in 1949.

The Limits of Regulation

Author : Stavros Mavroudeas
Publisher : Edward Elgar Publishing
ISBN 13 : 0857938649
Total Pages : 233 pages
Book Rating : 4.8/5 (579 download)

DOWNLOAD NOW!

Book Synopsis The Limits of Regulation by : Stavros Mavroudeas

Download or read book The Limits of Regulation written by Stavros Mavroudeas and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Whilst the regulation approach has gone beyond its peak of influence and has been diluted of much of its radical content, this outstanding critical appreciation of its strengths and weaknesses will prove an invaluable point of reference for all those engaged in the political economy of the national within the global economy.' – Ben Fine, University of London, UK This unique and original book offers a critical survey of the regulation approach, an influential theoretical school born in the 1970s and belonging to the neo-Marxist and radical political economy traditions. The author's persuasive argument is that regulation, in order to explain capitalist development, resorts to historicism and institutionalism and thereby adopts a 'middle-range' methodology. He contends that both its theoretical and methodological perspectives are currently unfit for this purpose. This novel critique of regulation will prove a challenging and stimulating read for academics, researchers and graduate students with an interest in heterodox economics, the history of economic thought, political economy, regional development and labour process theory.

Economics and Regulation in China

Author : Michael Faure
Publisher : Routledge
ISBN 13 : 1134623070
Total Pages : 332 pages
Book Rating : 4.1/5 (346 download)

DOWNLOAD NOW!

Book Synopsis Economics and Regulation in China by : Michael Faure

Download or read book Economics and Regulation in China written by Michael Faure and published by Routledge. This book was released on 2013-10-15 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, from a top international group of scholars, explores the ways in which economic tools can be used to improve the quality of regulation in general and legislative tools in particular. As the role of law becomes increasingly important in China, the question arises of how effective regulatory and legislative tools can be developed to accompany the Chinese evolution towards a welfare state. China therefore provides a unique case study for scholars and policymakers interested in examining how regulation can play a role in promoting sustainable development. Economics and Regulation in China goes beyond traditional economic analysis of law by focusing specifically on the question of how economic tools can guide the quality of legislation. To this end, the book centres in on three areas: regulation as a tool of economic growth, competition policy and environmental policy. Not only are these three domains of great importance for China, but they are also relevant for a broad scholarship interested in the economic analysis of law. This volume contributes to discussions on how ex-ante evaluation of legislative proposals and ex-post analysis can increase the effectiveness and efficiency of regulation, using economic tools, offering insights that go beyond the particular case of China. The analysis offered by this book makes it an invaluable resource for academics and policymakers alike.

Readings in the Economics of Law and Regulation

Author : A. I. Ogus
Publisher : Oxford University Press, USA
ISBN 13 :
Total Pages : 380 pages
Book Rating : 4.3/5 (97 download)

DOWNLOAD NOW!

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

Download or read book Readings in the Economics of Law and Regulation written by A. I. Ogus and published by Oxford University Press, USA. This book was released on 1984 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Costs and Benefits of Regulation

Author : Luis J. Guasch
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (12 download)

DOWNLOAD NOW!

Book Synopsis Costs and Benefits of Regulation by : Luis J. Guasch

Download or read book Costs and Benefits of Regulation written by Luis J. Guasch and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: June 1997 This paper examines the economic impact of regulation in industrial and developing countries. It argues that economic analysis can play an important role in restructuring regulated industries and developing more effective regulations, and in reducing politically driven regulation and capture. The past two decades have seen an unparalleled rise in new health, safety, and environmental regulations in industrial countries. At the same time, in some countries there has been substantial economic deregulation of several industries (including airlines, railroads, trucking, energy, telecommunications, and financialmarkets). Developing countries are engaged in deregulating some sectors of the economy and devising new regulatory frameworks for others. After reviewing the literature, Guasch and Hahn provide an overview of the costs and benefits of regulation throughout the world, highlight the potential gains from reform of regulation and deregulation in both industrial and developing countries, draw lessons from experience with government regulation, and suggest how to improve regulation in developing countries. They find that it is possible to explore systematically the costs and benefits of regulatory activities using standard economic analysis. They conclude that regulation - especially regulation aimed at controlling prices and entry into markets that would otherwise be workably competitive - can limit growth and significantly reduce economic welfare. Although unnecessary process regulation can hurt the economy, social regulations may significantly benefit the average consumer. But some regulations do not meet goals effectively and may sometimes reduce living standards. Developing countries can consider several regulatory policies, tools, and frameworks to improve their approach to regulation. What they choose will depend on available administrative expertise and resources, as well as political constraints and economic impacts. Generally, local and national capabilities for evaluating regulation need to be improved. Regulation is not generally undesirable, but it often has undesirable economic consequences, which result in part from political forces to redistribute wealth. These forces need can be mitigated by more sharply evaluating the consequences and tradeoffs of proposed regulations. This paper - a joint product of the Office of the Chief Economist and Senior Vice President, Development Economics and the Advisory Group, Latin America and the Caribbean Technical Department - was produced as a background paper for World Development Report 1997 on the role of the state in a changing world.

Benefit-cost Analysis in Environmental, Health, and Safety Regulation

Author : Kenneth Joseph Arrow
Publisher : A E I Press
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!

Book Synopsis Benefit-cost Analysis in Environmental, Health, and Safety Regulation by : Kenneth Joseph Arrow

Download or read book Benefit-cost Analysis in Environmental, Health, and Safety Regulation written by Kenneth Joseph Arrow and published by A E I Press. This book was released on 1996 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This primer highlights both the strengths and the limitations of benefit-cost analysis in the development, design, and implementation of regulatory reform.

Transportation Policy and Economic Regulation

Author : John Bitzan
Publisher : Academic Press
ISBN 13 : 0128126213
Total Pages : 378 pages
Book Rating : 4.1/5 (281 download)

DOWNLOAD NOW!

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 378 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