Regulatory Economics

Regulatory Economics

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Description

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Regulatory economics is the economics of regulation, in the sense of the application of law by government that is used for various purposes, such as centrally-planning an economy, remedying market failure, enriching well-connected firms, or benefiting politicians. It is not considered to include voluntary regulation that may be accomplished in the private sphere. Public services can encounter conflict between commercial procedures, and the interests of the people using these services, as well as the interests of those not directly involved in transactions. Most governments therefore have some form of control or regulation to manage these possible conflicts. This regulation ensures that a safe and appropriate service is delivered, while not discouraging the effective functioning and development of businesses.show more

Product details

  • Paperback | 84 pages
  • 152 x 229 x 5mm | 136g
  • Placpublishing
  • United States
  • English
  • black & white illustrations
  • 6136069512
  • 9786136069517