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Corruption, Public Finances, and the Unofficial Economy

Johnson, Simon; Kaufmann, Daniel; Zoido, Pablo - 2004

rates alone. This paper - a product of the Governance, Regulation, and Finance Group, World Bank Institute - is part of a …

Persistent link: https://www.econbiz.de/10014042648

Antitrust in Wonderland : Regulating Markets of Innovation

Woan, Sunny - 2014

This article examines the intersection of antitrust and intellectual property law, critiquing the government's approach and proposing amendments to current standards. In particular, this article focuses on the U.S. Department of Justice and Federal Trade Commission's treatment of innovation...

Persistent link: https://www.econbiz.de/10014218284

Allocating Lawmaking Powers : Self-Regulation vs. Government Regulation

Grajzl, Peter; Murrell, Peter - 2007

Self-regulation is common, but comparative analysis of self-regulation and government regulation is rare. This paper … identifies conditions determining whether regulation is delegated or centralized, analyzing the welfare implications of … government-producer bargaining. Self-regulation's relative efficiency increases with uncertainty over institutional …

Persistent link: https://www.econbiz.de/10014224400

Stranded Costs

Sidak, J. Gregory; Baumol, William J. - 2009

Through the end of the twentieth century, the most critical regulatory issue facing electric utilities was stranded costs, which can be defined as those costs that the utilities were permitted to recover through their rates but whose recovery may have been impeded or prevented by the advent of...

Persistent link: https://www.econbiz.de/10014125590

Towards a Legal Theory of Finance

Pistor, Katharina - 2012

This paper develops the building blocks for a legal theory of finance. LTF holds that financial markets are legally constructed and as such occupy an essentially hybrid place between state and market, public and private. At the same time, financial markets exhibit dynamics that frequently put...

Persistent link: https://www.econbiz.de/10013097823

Nudges.gov : Behavioral Economics and Regulation

Sunstein, Cass R. - 2013

Behavioral economics is influencing regulatory initiatives in many nations, including the United States and the United Kingdom. The role of behavioral economics is likely to increase in the next generation, especially in light of the growing interest in low-cost, choice-preserving regulatory...

Persistent link: https://www.econbiz.de/10013086622

Towards a Legal Theory of Finance

Pistor, Katharina - 2014

Persistent link: https://www.econbiz.de/10013065037

The Systemic Risk Paradox : Banks and Clearinghouses Under Regulation

Chang, Felix - 2014

Consolidation in the financial industry threatens competition and increases systemic risk. Recently, banks have seen both high-profile mergers and spectacular failures, prompting a flurry of regulatory responses. Yet consolidation has not been as closely scrutinized for clearinghouses, which...

Persistent link: https://www.econbiz.de/10013055768

Regulation As Delegation

Bar-Gill, Oren - 2015

-Agent Theory (BPAT), a great deal of modern regulation can be helpfully evaluated as a hypothetical delegation. Shifting from …

Persistent link: https://www.econbiz.de/10013027459

Allocating Law-Making Powers : Self-Regulation vs. Government Regulation

Grajzl, Peter; Murrell, Peter - 2006

Although a common institutional arrangement, self-regulation as an alternative to direct government regulation has … delegate or to centralize regulatory authority, and examines whether the government's institutional choice is efficient. Self-regulation … populist, or when society is not polarized. Inefficient use of central regulation is more likely than inefficient use of self-regulation …

Persistent link: https://www.econbiz.de/10014060429