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A recent proposal for net neutrality regulation in the wireless industry suggests carriers should open their networks in particular ways. The proposal advocates creating standards that will make it easier for developers to write applications and for hardware firms to create devices that will...
Persistent link: https://www.econbiz.de/10012711458
This article offers a proposal for the regulation of stem cell products by the Food and Drug Administration (“FDA”) that corresponds to a specialized product liability scheme. It shows how product liability and administrative law can be successfully integrated to create a comprehensive legal...
Persistent link: https://www.econbiz.de/10014162099
This paper challenges the increasingly common view that the findings of behavioural economics constitute a fourth type of market failure. The market failure framework elevates the standard competitive market model to the status of an ideal. It provides us with tools to identify departures from...
Persistent link: https://www.econbiz.de/10010392518
potential benefits made available by market liberalization process. The two major issues are the low level of retail switching among gas and electricity suppliers and the scarcity of investments in energy efficiency. According to EU wide surveys, these outcomes are mainly due to a widespread...
Persistent link: https://www.econbiz.de/10010991461
China's food safety system is characterized by widespread under-enforcement of regulations punctuated by high-profile food safety scandals. While there has been a wave of public and scholarly interest, official data on food safety are scarce, and some fundamental questions remain unanswered. We...
Persistent link: https://www.econbiz.de/10010931687
Public infrastructure services have been subject to dramatic regulatory reform since the 1980s in the European Union, particularly privatization, at the national level, and increased liberalization and deregulation, via the Single Market Programme. Despite this ambitious reform programme, there...
Persistent link: https://www.econbiz.de/10009283788
This essay concerns the ways in which public services – particularly household services such as communications, energy, water and transportation – have been regulated and deregulated, and analyses what consequences this has for users and citizens. Much of the deregulation of public services...
Persistent link: https://www.econbiz.de/10009283800
Persistent link: https://www.econbiz.de/10002708323
Among the many parts of the Dodd-Frank Wall Street Reform and Consumer Protection Act, few have received as much mainstream attention as the creation of the Bureau of Consumer Financial Protection. As is often the case with legislation in recent years, though, some of the most vocalized...
Persistent link: https://www.econbiz.de/10014043625
This essay considers the role of reputational information in our marketplace. It explains how well-functioning marketplaces depend on the vibrant flow of accurate reputational information, and how misdirected regulation of reputational information could harm marketplace mechanisms. It then...
Persistent link: https://www.econbiz.de/10014044069