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How To Regulate.

Author: Thomas A Lambert
Publisher: Cambridge : Cambridge University Press, 2017.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Markets sometimes fail. But so do regulatory efforts to correct market failures. Sometimes regulations reach too far, condemning good activities as well as bad, and sometimes they don't reach far enough, allowing bad behavior to persist. In this highly instructive book, Thomas A. Lambert explains the pitfalls of both extremes while offering readers a manual of effective regulation, showing how the best regulation  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Lambert, Thomas A.
How To Regulate.
Cambridge : Cambridge University Press, ©2017
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Thomas A Lambert
ISBN: 9781316534885 131653488X
OCLC Number: 1005617567
Description: 1 online resource (280 pages)
Contents: 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.

Abstract:

The book is for readers hoping to move beyond pro- versus anti-regulation rhetoric and think seriously about when regulation is appropriate, what its potential downsides are, and what specific  Read more...

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'This may well be the best guide, ever, to the regulatory state. It's brilliant, sharp, witty, and even-handed - and it's so full of insights that it counts as a major contribution to both theory and Read more...

 
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