Showing 1 - 10 of 276,912
We argue that information asymmetries between regulators and firms increase the administrative decision costs of initiating new policies due to the costs of satisfying evidentiary or “burden of proof” requirements. We further contend that regulators with better information about regulated...
Persistent link: https://www.econbiz.de/10014201122
Europeans face a regulatory challenge: how can the human rights and dignitary values that animate data protection law be protected in transborder data flows? With the proposal of the EU-US Privacy Shield, part of the challenge will be answered by the US Federal Trade Commission (FTC). The FTC is...
Persistent link: https://www.econbiz.de/10012968951
This paper is an empirical assessment of the comparative efficiency of governance structures in an environment marked by high uncertainty. We analyze the short-term impact of retail deregulation on the productive efficiency of electric utilities in the United States. We argue that there are...
Persistent link: https://www.econbiz.de/10014031113
This paper discusses the design and analyzes the potential benefits and costs of executive pay package policy within the US 2009 Emergency Economic Stabilization Act (EESA), commonly known "Bailout". It shows that the ultimate effect of the EESA on executive compensation is generally difficult...
Persistent link: https://www.econbiz.de/10013134122
The traditionally large and sunk nature of utility investments gives rise to the possibility, if not the likelihood, of opportunistic behavior on the part of either regulators or regulated firms. In this paper, we develop a theoretical model to provide insights into this possibility, then employ...
Persistent link: https://www.econbiz.de/10014159347
Persistent link: https://www.econbiz.de/10011912249
study fills this gap by measuring local exposure to regulation from the industry-relevant articles of U.S. Code of Federal … Regulation linked to local industry employment structure in 741 commuting zones (CZs) in the U.S. over the period 1970 …-2019. Relating our exposure to regulation measure to the CZ-level income inequality, computed from the Census records, we find that …
Persistent link: https://www.econbiz.de/10015393847
study fills this gap by measuring local exposure to regulation from the industry-relevant articles of U.S. Code of Federal … Regulation linked to local industry employment structure in 741 commuting zones (CZs) in the U.S. over the period 1970 …-2019. Relating our exposure to regulation measure to the CZ-level income inequality, computed from the Census records, we find that …
Persistent link: https://www.econbiz.de/10015358626
Progressive Movement. Cigarette prohibition was special interest regulation, though not of the usual narrow neoclassical genre; it … opponents of cigarette regulation were cigarette smokers and the more organized cigarette lobby. An active Progressive Movement …
Persistent link: https://www.econbiz.de/10014143324
The process of assigning property rights to land in the American Great Plains resulted in farms that were too small to be economically viable. These farms were prime contributors to the Dust Bowl of the 1930s. The path dependence resulting from the initial assignment of property rights on the...
Persistent link: https://www.econbiz.de/10014124431