This paper offers commentary on Daniel Farber's forthcoming article, "Inequality and Regulation: Designing Rules to Address Race, Poverty, and Environmental Justice." The paper argues that Farber's contribution works on two levels. First, it can be seen as an application of Farber's earlier...

This response addresses the questions in Discussion Paper 1/23, published on March 30, 2023, by the Financial Conduct Authority and the Prudential Regulatory Authority to review the Senior Managers and Certification Regime (SM&CR).Summary of the response• SM&CR makes individuals take...

We analyze how a privacy regulation taking the form of a cap on information disclosure affects quality-enhancing innovation incentives by a monopolist—who derives revenues solely from disclosing user data to third parties—and consumer surplus. If the share of privacy-concerned users is...

This article provides an overview of various water utility regulatory models adopted in Europe by to determine allowed energy costs. It highlights instances where certain National Regulatory Authorities (NRAs) demonstrated limited awareness regarding the importance of incentive schemes...

We study the relative effectiveness of administrative regulations, criminal enforcement, and civil lawsuits for combatting health care fraud. Between 2003 and 2017, Medicare spent $7.7 billion on 37.5 million regularly scheduled, non-emergency ambulance rides for patients traveling to and from...

This Essay identifies entrepreneurs’ experimentation with minimum viable products as a means for proposed AI-specific regulation to constrain innovation in other markets. To that end, the Essay coins the term “partitive innovation” to describe a business’s perspective when it applies a...

The drafting and adoption of laws in the social sphere is always preceded by a long discussion, which is accompanied by sharp discussions. All changes in this area directly or indirectly affect the entire population of the country. In the first years of adoption of the new legislation, its...

The article provides an in-depth comparative legal analysis of the fundamental digital trade provisions in three modern trade agreements: the Comprehensive and Progressive Trans-Pacific Partnership Agreement (CP-TPP), Regional Comprehensive Economic Partnership Agreement (RCEP), and Joint...

We present solutions to each of the major delegation problems that arise when elected officials delegate rulemaking authority to government agencies. These problems include principal-agent issues, monopoly provision, information asymmetry, and tragedy of the commons. Rather than presenting our...

The rapidly developing online food delivery business is a novel “ecosystem” involving digital platforms, restaurants, delivery-workers, and customers. Continuous expansion of its market size is accompanied by problems of economic fairness such as “wage distribution” and “revenue...