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A dynamic theory of regulatory capture
De Chiara, Alessandro; Schwarz, Marco - 2021
Firms often try to influence individuals that, like regulators, are tasked with advising or deciding on behalf of a third party. In a dynamic regulatory setting, we show that a firm may prefer to capture regulators through the promise of a lucrative future job opportunity (i.e., the...
Persistent link: https://www.econbiz.de/10013238146
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A dynamic theory of regulatory capture
De Chiara, Alessandro; Schwarz, Marco - 2021
Firms often try to influence individuals that, like regulators, are tasked with advising or deciding on behalf of a third party. In a dynamic regulatory setting, we show that a firm may prefer to capture regulators through the promise of a lucrative future job opportunity (i.e., the...
Persistent link: https://www.econbiz.de/10012491609
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A Dynamic Theory of Regulatory Capture
De Chiara, Alessandro; Schwarz, Marco - 2021
Firms often try to influence individuals that, like regulators, are tasked with advising or deciding on behalf of a third party. In a dynamic regulatory setting, we show that a firm may prefer to capture regulators through the promise of a lucrative future job opportunity (i.e., the...
Persistent link: https://www.econbiz.de/10012582031
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Entrepreneurial innovations, entrepreneurship policy and globalization
Douhan, Robin; Norbäck, Pehr-Johan; Persson, Lars - 2009
-seeking governments. -- Entrepreneurship ; Regulation ; Innovation ; Market Integration ; Lobbying … policy in a lobbying model taking into account the conflict of interest between entrepreneurs and incumbents. It is shown … aggressive. Making use of the Doing Business database, we find, consistent with our theory, evidence that international openness …
Persistent link: https://www.econbiz.de/10003872569
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Entrepreneurial Innovations, Entrepreneurship Policy and Globalization
Norbäck, Pehr-Johan - 2020
policy in a lobbying model taking into account the conflict of interest between entrepreneurs and incumbents. It is shown … aggressive. Making use of the Doing Business database, we find, consistent with our theory, evidence that international openness …
Persistent link: https://www.econbiz.de/10012857479
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The Effect of Interest Group Pressure on Favorable Regulatory Decisions : The Case of Certificate-of-Need Laws
Stratmann, Thomas - 2017
contributions on industry regulation …
Persistent link: https://www.econbiz.de/10012946429
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Interest-Group Theories of Regulation : A Skeptical Note
Sunstein, Cass R. - 2021
As a rule, regulation is not acquired by “the industry,” and it is not designed and operated primarily for its benefit …
Persistent link: https://www.econbiz.de/10013230511
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Entry regulation and the influence of an incumbent special interest group
Evans, John Bussell; Fingleton, John - 2002
entry re-regulation context. In contrast to other entry deterrence models, we are able to investigate how product market …
Persistent link: https://www.econbiz.de/10001712316
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Does the Stiglerian Theory of Regulation Explain the Audit Firm Lobbying Before the FASB?
Feroz, Ehsan H.; Hagerman, Robert - 2018
This paper articulates the necessary and sufficient conditions for testing Stigler's (1971) theory of regulation with … specific reference to audit firm lobbying before FASB …
Persistent link: https://www.econbiz.de/10014215675
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Mining for Favors : The Impact of Political Influence on Regulatory Enforcement
Shcherbakova, Anastasia - 2021
Regulatory capture can generate significant social and economic costs, particularlyin dangerous occupations. In this article I evaluate whether political influence hasallowed firms to systematically evade safety and health regulations using data from oneof the country’s most dangerous...
Persistent link: https://www.econbiz.de/10013220324