Christiansen, Arndt; Kerber, Wolfgang; Kerber, Wolfgang - Volkswirtschaft Abteilung, Fachbereich … - 2006
can have many advantages (less regulation costs, rent seeking and knowledge problems), although an additional …-
sing on case-by-case analyses can have many advantages (less regulation costs, rent seeking
and knowledge problems … cases.
3) Rules mitigate knowledge problems: Even if governments, agencies and courts as well are
benevolent (and thus do …