Regulatory separation theory indicates that a system with multiple regulators leads to less forbearance and limits producer gains while a model of banking regulation developed by Dell’Ariccia and Marquez (2006) predicts the opposite. Fragmented regulation of the US life insurance industry...

As tourism has surged, there have been increased concerns expressed about overtourism – a phenomena of unsustainable tourism which negatively affects the livelihoods of local communities and the resources upon which tourism is based. As it is becoming increasingly clear that the environmental,...