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Extending the Economic Theory of Regulation to the Form of Policy

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Author Info
Rasmusen, Eric B
Zupan, Mark A

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Abstract

The mutually beneficial connection between industries and the governments that regulate them is the subject of a large literature led by George Stigler (1971). What has not been studied is how firms choose their desired policies from the set including entry barriers, price floors, subsidies, and demand stimulation. The authors take as given that government and incumbents form the supply and demand for regulation and explore the choice of political product. Copyright 1991 by Kluwer Academic Publishers

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Publisher Info
Article provided by Springer in its journal Public Choice.

Volume (Year): 72 (1991)
Issue (Month): 2-3 (December)
Pages: 167-91
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Handle: RePEc:kap:pubcho:v:72:y:1991:i:2-3:p:167-91

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  1. Stavins, Robert, 2005. "The Effects of Vintage-Differentiated Environmental Regulation," Discussion Papers dp-05-12, Resources For the Future. [Downloadable!]
    Other versions:
  2. Francis Buckley & Eric Rasmusen, 1999. "The Uneasy Case for the Flat Tax," Public Economics 9907003, EconWPA. [Downloadable!]
  3. Stavins, Robert & Keohane, Nathaniel & Revesz, Richard, 1997. "The Positive Political Economy of Instrument Choice in Environmental Policy," Discussion Papers dp-97-25, Resources For the Future. [Downloadable!]
  4. Ando, Amy, 1998. "Do Interest Groups Compete?," Discussion Papers dp-98-14, Resources For the Future. [Downloadable!]
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