Difference between revisions of "The Theory of Economic Regulation (Q1884)"

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(‎Created claim: instance of (P3): theory (Q1644))
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Property / author: George Stigler / rank
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Revision as of 15:34, 1 November 2019

Any regulated industry has strong incentives to form close connections with its regulators to seek favors. The result is that industries influence the agency’s agenda, shape its rule-making and even supply it with personnel.
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English
The Theory of Economic Regulation
Any regulated industry has strong incentives to form close connections with its regulators to seek favors. The result is that industries influence the agency’s agenda, shape its rule-making and even supply it with personnel.

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