Download or read book In Defense of the Economic Analysis of Regulation written by Robert William Hahn and published by A E I Press. This book was released on 2005 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This monograph addresses the analytical concerns raised by the critics. It makes four points: First, summary measures of the impact of regulations have made important contributions to our understanding of the regulatory process, a point often overlooked by the critics; second, many of the critics' concerns could be addressed by making refinements to scorecards rather than wholly rejecting them as an analytical tool; third, some of the suggestions made by the critics are legitimate, but many are not; and finally, the solution to legitimate concerns raised by the critics is not to eliminate quantitative economic analysis but to gain a deeper understanding of its strengths and weaknesses and to use it wisely."--BOOK JACKET.

Download or read book In Defense of the Economic Analysis of Regulation written by Robert W. Hahn and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Several scholars are highly skeptical of the use of cost-benefit analysis and other economic tools in regulatory decision making. Recently, these critics have focused on debunking economic summaries of regulatory activity, sometimes referred to as regulatory scorecards. The critics generally support less quantitative economic analysis of regulations. This monograph addresses the analytical concerns raised by the critics. It makes four points: First, summary measures of the impact of regulations have made important contributions to our understanding of the regulatory process, a point often overlooked by the critics; second, many of the critics' concerns could be addressed by making refinements to scorecards rather than wholly rejecting them as an analytical tool; third, some of the suggestions made by the critics are legitimate, but many are not; and finally, the solution to legitimate concerns raised by the critics is not to eliminate quantitative economic analysis but to gain a deeper understanding of its strengths and weaknesses and to use it wisely.

Download or read book In Defense of the Economic Analysis of Regulation written by Hahn and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Theory of Competitive Price written by George Joseph Stigler and published by . This book was released on 1946 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Economic Analysis of Regulation written by Robert William Hahn and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Economic Analysis of Regulation written by Robert William Hahn and published by . This book was released on 2004 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Regulatory Decision Making and Economic Analysis written by Mariano-Florentino Cuéllar and published by . This book was released on 2018 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic analysis of regulation raises fundamental questions about how society assigns value to different outcomes and states of the world, how conflict over law and public policy is resolved, and how institutional realities affect -- in ways both planned and unplanned -- forms of societal decision-making that are meant to incorporate ideals of technical rigor, administrability, and responsiveness. In countries like the United States, the conduct of such analysis has implications for environmental protection, communications and technology policy, public health, immigration, national security, and other areas affecting risk and welfare in society. This paper covers only a portion of the territory necessary to understand those implications, focusing on the following essential topics: First, what do we mean by “economic analysis” and what do we mean by “regulation”? Second, why has this topic become an important one, not only the United States, but in most advanced democracies? Third, why is economic analysis and regulation a contested, even contentious, aspect of modern regulatory activity? Finally, and most important, how is economic analysis structured into regulatory decision-making, and how might existing arrangements evolve over time? As we address these questions, we explain why a familiarity with both the promise and the limits of economic analysis is crucial to any serious understanding of regulation -- whether prescriptive or descriptive -- in advanced economies. In practice, the aspirations of economic analysis in the regulatory state must be reconciled with various administrative and legal arrangements necessary to advance values, such as adjudicatory fairness or political responsiveness, that are often in tension with the technical rigor to which economic analysis of regulation aspires.

Download or read book The Economics of Regulation and Antitrust written by Giles H. Burgess and published by Addison Wesley Longman. This book was released on 1995 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combining the economic analysis of regulation with a history of the politics of government control in the United States, The Economics of Regulation and Antitrust helps students understand how regulation has developed and continues to change, and how it affects economic and social welfare. Burgess aims to help students understand the role of regulation in a context where markets serve as the primary but not the sole agency for society in making resource allocations. The Economics of Regulation and Antitrust also places special emphasis on the economic efficiency of regulation.

Download or read book How the Chicago School Overshot the Mark written by Robert Pitofsky and published by Oxford University Press. This book was released on 2008-10-14 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: How the Chicago School Overshot the Mark is about the rise and recent fall of American antitrust. It is a collection of 15 essays, almost all expressing a deep concern that conservative economic analysis is leading judges and enforcement officials toward an approach that will ultimately harm consumer welfare. For the past 40 years or so, U.S. antitrust has been dominated intellectually by an unusually conservative style of economic analysis. Its advocates, often referred to as "The Chicago School," argue that the free market (better than any unelected band of regulators) can do a better job of achieving efficiency and encouraging innovation than intrusive regulation. The cutting edge of Chicago School doctrine originated in academia and was popularized in books by brilliant and innovative law professors like Robert Bork and Richard Posner. Oddly, a response to that kind of conservative doctrine may be put together through collections of scores of articles but until now cannot be found in any one book. This collection of essays is designed in part to remedy that situation. The chapters in this book were written by academics, former law enforcers, private sector defense lawyers, Republicans and Democrats, representatives of the left, right and center. Virtually all agree that antitrust enforcement today is better as a result of conservative analysis, but virtually all also agree that there have been examples of extreme interpretations and misinterpretations of conservative economic theory that have led American antitrust in the wrong direction. The problem is not with conservative economic analysis but with those portions of that analysis that have "overshot the mark" producing an enforcement approach that is exceptionally generous to the private sector. If the scores of practices that traditionally have been regarded as anticompetitive are ignored, or not subjected to vigorous enforcement, prices will be higher, quality of products lower, and innovation diminished. In the end consumers will pay.

Download or read book Political and Economic Analysis of Regulation Theory and Application written by Massimo Di Domenico and published by . This book was released on 2001 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Folded Spindled and Multilated written by Franklin Marvin Fisher and published by . This book was released on 1983 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Economic Analysis of Regulatory Enforcement written by Michael David Lasky and published by . This book was released on 1987 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Regulatory Reform written by Mark Armstrong and published by MIT Press (MA). This book was released on 1994 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regulatory reform had its beginnings in the United States in the 1970s, and today it is taking place around the globe. One of the central questions for industrial policy is how to regulate firms with market power. Regulatory Reform tackles this important policy issue in two parts: it describes an analytical framework for studying the main issues in regulatory reform, and then applies the analysis to the British experience in four utility industries - telecommunications, gas, electricity, and water supply. Britain's utility industries, state-owned monopolies just ten years ago, offer a dramatic example of comprehensive reforms with parallels elsewhere: industries have been restructured, markets have been liberalized, and new regulatory methods and institutions have been created. The authors focus on common policy questions that arise in each industry while taking into account the considerable diversity between the industries and the different reform policies adopted. The analysis and experience in Britain's utility industries also provides a rich variety of issues concerning monopolistic and anticompetitive practices that are of interest for competition policy in general. Regulation of Economic Activity series

Download or read book Economic Analysis of Government Regulation written by Mark Dobson Betts and published by . This book was released on 1980 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Uses and Limitations of Economic Analysis on Regulatory Decision making written by Commission on Risk Assessment and risk Management and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Well Being and Fair Distribution written by Matthew Adler and published by . This book was released on 2012 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive philosophically grounded argument for the use of social welfare functions as a framework for governmental policy analysis.

Download or read book The Cost benefit State written by Cass R. Sunstein and published by American Bar Association. This book was released on 2002 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the current topic of Federal Government regulations increasingly assessed by asking whether the benefits of the regulation justifies the cost of the regulation.