Industry Self-Regulation: A Game-Theoretic Typology of Strategic Voluntary Compliance
AbstractWe analyse the possibility of successful industry self-regulation in terms of the strategic interactions between industry members and government. In particular, this article presents a game-theoretic typology of generic self-regulatory scenarios and evaluates these in terms of the resulting likelihood of collective compliance. We discuss the advertising, press and life insurance industries in the UK as examples of the scenarios. Conclusions for corporate and public policy are offered.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal International Journal of the Economics of Business.
Volume (Year): 11 (2004)
Issue (Month): 1 ()
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Other versions of this item:
- Simon Ashby & Swee Hoon Chuah & Robert Hoffmann, 2003. "Industry Self-Regulation: A Game-Theoretic Typology of Strategic Voluntary Compliance," Occasional Papers 3, Industrial Economics Division.
- Simon Ashby & Swee Hoon Chuah & Robert Hoffmann, 2003. "Industry Self-Regulation: A Game-Theoretic Typology of Strategic Voluntary Compliance," Occasional Papers 2, Nottingham University Business School.
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D7 - Microeconomics - - Analysis of Collective Decision-Making
- H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
- K20 - Law and Economics - - Regulation and Business Law - - - General
- L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
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