How to Regulate: A Guide for Policymakers

ISBN-13: 9781316508008 / Angielski / Miękka / 2017 / 274 str.

Thomas A. Lambert

Opis

The book teaches how to minimize the social welfare losses from the major market - and regulatory - failures.

Recenzje

'The title notwithstanding, this book will be valuable for all policy wonks, not just policymakers. It provides an organized and rigorous framework for analyzing whether and how inevitably imperfect regulation is likely to improve upon inevitably imperfect market outcomes.' Douglas H. Ginsburg, Chief Judge, United States Court of Appeals for the District of Columbia Circuit

Spis treści

1. Defining our subject; 2. The overarching model; 3. The private ordering ideal; 4. Externalities; 5. Public (and quasi-public) goods; 6. Agency costs; 7. Market power; 8. Information asymmetry; 9. Cognitive limitations and behavioral quirks; Conclusion. Closing thoughts on open questions.