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Theories on the Economics of Regulation: A Survey of the Literature from a European Perspective

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  • P. Hägg
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    Bibliographic Info

    Article provided by Springer in its journal European Journal of Law and Economics.

    Volume (Year): 4 (1997)
    Issue (Month): 4 (December)
    Pages: 337-370

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    Handle: RePEc:kap:ejlwec:v:4:y:1997:i:4:p:337-370

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    Web page: http://www.springerlink.com/link.asp?id=100264

    Related research

    Keywords: Public regulation; the public interest theory; the special interest theory; the institutional theory; European corporatism;

    References

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    8. Richard A. Posner, 1974. "Theories of Economic Regulation," NBER Working Papers 0041, National Bureau of Economic Research, Inc.
    9. Moe, Terry M, 1991. "Politics and the Theory of Organization," Journal of Law, Economics and Organization, Oxford University Press, vol. 7(0), pages 106-29, Special I.
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    11. Williamson, Oliver E, 1991. "Economic Institutions: Spontaneous and Intentional Governance," Journal of Law, Economics and Organization, Oxford University Press, vol. 7(0), pages 159-87, Special I.
    12. McKelvey, Richard D., 1976. "Intransitivities in multidimensional voting models and some implications for agenda control," Journal of Economic Theory, Elsevier, vol. 12(3), pages 472-482, June.
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    14. Schofield, Norman, 1978. "Instability of Simple Dynamic Games," Review of Economic Studies, Wiley Blackwell, vol. 45(3), pages 575-94, October.
    15. McCubbins, Mathew D & Noll, Roger G & Weingast, Barry R, 1987. "Administrative Procedures as Instruments of Political Control," Journal of Law, Economics and Organization, Oxford University Press, vol. 3(2), pages 243-77, Fall.
    16. Winston, Clifford, 1993. "Economic Deregulation: Days of Reckoning for Microeconomists," Journal of Economic Literature, American Economic Association, vol. 31(3), pages 1263-89, September.
    17. Noll, Roger G., 1989. "Economic perspectives on the politics of regulation," Handbook of Industrial Organization, in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 2, chapter 22, pages 1253-1287 Elsevier.
    18. Gibbard, Allan, 1973. "Manipulation of Voting Schemes: A General Result," Econometrica, Econometric Society, vol. 41(4), pages 587-601, July.
    19. Joskow, Paul L, 1991. "The Role of Transaction Cost Economics in Antitrust and Public Utility Regulatory Policies," Journal of Law, Economics and Organization, Oxford University Press, vol. 7(0), pages 53-83, Special I.
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    23. Levine, Michael E., . "Revisionism Revised? Airline Deregulation and the Public Interest," Working Papers 335, California Institute of Technology, Division of the Humanities and Social Sciences.
    24. Lupia, Arthur & McCubbins, Mathew D, 1994. "Learning from Oversight: Fire Alarms and Police Patrols Reconstructed," Journal of Law, Economics and Organization, Oxford University Press, vol. 10(1), pages 96-125, April.
    25. Dougan, William R & Munger, Michael C, 1989. "The Rationality of Ideology," Journal of Law and Economics, University of Chicago Press, vol. 32(1), pages 119-42, April.
    26. Tollison, Robert D, 1982. "Rent Seeking: A Survey," Kyklos, Wiley Blackwell, vol. 35(4), pages 575-602.
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    28. Goldberg, Victor P, 1974. "Institutional Change and the Quasi-Invisible Hand," Journal of Law and Economics, University of Chicago Press, vol. 17(2), pages 461-92, October.
    29. Kahn, Alfred E, 1988. "Surprises of Airline Deregulation," American Economic Review, American Economic Association, vol. 78(2), pages 316-22, May.
    30. Rose-Ackerman, Susan, 1986. "Reforming Public Bureaucracy through Economic Incentives?," Journal of Law, Economics and Organization, Oxford University Press, vol. 2(1), pages 131-61, Spring.
    31. Ferejohn, John & Shipan, Charles, 1990. "Congressional Influence on Bureaucracy," Journal of Law, Economics and Organization, Oxford University Press, vol. 6(0), pages 1-20.
    32. 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.
    33. Noll, Roger., 1983. "The Political Foundations of Regulatory Policy," Working Papers 486, California Institute of Technology, Division of the Humanities and Social Sciences.
    34. Moe, Terry M, 1990. "Political Institutions: The Neglected Side of the Story," Journal of Law, Economics and Organization, Oxford University Press, vol. 6(0), pages 213-53.
    35. Posner, Richard A, 1975. "The Social Costs of Monopoly and Regulation," Journal of Political Economy, University of Chicago Press, vol. 83(4), pages 807-27, August.
    36. Lott, John R, Jr & Davis, Michael L, 1992. " A Critical Review and an Extension of the Political Shirking Literature," Public Choice, Springer, vol. 74(4), pages 461-84, December.
    37. Laffont, Jean-Jacques & Tirole, Jean, 1990. "The Politics of Government Decision Making: Regulatory Institutions," Journal of Law, Economics and Organization, Oxford University Press, vol. 6(1), pages 1-31, Spring.
    38. Demsetz, Harold, 1969. "Information and Efficiency: Another Viewpoint," Journal of Law and Economics, University of Chicago Press, vol. 12(1), pages 1-22, April.
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    Cited by:
    1. Ulusoy, Ali & Oguz, Fuat, 2007. "The privatization of electricity distribution in Turkey: A legal and economic analysis," Energy Policy, Elsevier, vol. 35(10), pages 5021-5034, October.
    2. J.A. den Hertog, 2010. "Review of economic theories of regulation," Working Papers 10-18, Utrecht School of Economics.

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