The Theory of Economic Regulation (Q1884)
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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
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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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