Public Interest Theory of Regulation (Q1887)
Jump to navigation
Jump to search
Explains government intervention in markets as responses to market failures and market imperfections. This theory argues that regulation promotes the general welfare rather than the interests of well-organized stakeholders.
| Language | Label | Description | Also known as |
|---|---|---|---|
| English |
Public Interest Theory of Regulation
|
Explains government intervention in markets as responses to market failures and market imperfections. This theory argues that regulation promotes the general welfare rather than the interests of well-organized stakeholders.
|