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Public Regulation
Author: Elizabeth E. Bailey

ISBN: 9780262524032
Format: Paperback
Number Of Pages: 418
Published: 2 February 2003
Country of Publication: US
Dimensions (cm): 22.9 x 15.2 x 2.5
Description:


Public Regulation studies the formation of institutions and government policies that regulate industry, offering new data, new contexts, and new tools for analyzing the structure and performance of regulatory activity. It addresses both how these institutions and policies came into being and how well or poorly they work. The contributors examine them variously, from economic, political, social, and historical points of view.The eleven original essays propose and demonstrate a wide variety of new techniques for assessing regulatory performance -- general equilibrium theory, laboratory methods, the integration of rational expectations and game theory methods with regulations, cost-functions techniques, and probabilistic risk analysis -- to reveal new empirical data from a range of regulated industries -- agriculture, natural gas, nuclear power, airlines, health and environment.Essays in the book's first part, "Design and Formation of Regulatory Regimes," deal with the shaping ...

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