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Rethinking Regulatory Capture

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  • Randall G. Holcombe

    (Florida State University)

Abstract

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Suggested Citation

  • Randall G. Holcombe, 2022. "Rethinking Regulatory Capture," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 37(Spring 20), pages 33-45.
    • Handle: RePEc:jpe:journl:1831
    as

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    References listed on IDEAS

    as
    1. Weingast, Barry R & Moran, Mark J, 1983. "Bureaucratic Discretion or Congressional Control? Regulatory Policymaking by the Federal Trade Commission," Journal of Political Economy, University of Chicago Press, vol. 91(5), pages 765-800, October.
    2. John W. Dawson, 2021. "The Role of Regulation and Taxes in US Capital and Labor Input Use," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 36(Spring 20), pages 55-78.
    3. Robert L. Formaini, 1999. "Evolution of the Regulatory State : The Mixed Economy Viewed Through a Complexity Lens," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 15(Fall 1999), pages 67-97.
    4. Jarrell, Gregg A, 1978. "The Demand for State Regulation of the Electric Utility Industry," Journal of Law and Economics, University of Chicago Press, vol. 21(2), pages 269-295, October.
    5. Gary S. Becker, 1983. "A Theory of Competition Among Pressure Groups for Political Influence," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 98(3), pages 371-400.
    6. Bruce L. Benson, 2004. "Opportunities Forgone : The Unmeasurable Costs of Regulation," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 19(Spring 20), pages 1-25.
    7. Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65(2), pages 135-135.
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    More about this item

    Keywords

    regulation; rent seeking; transitional gains; capture theory; legislative processes;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

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