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Industry Self-Regulation: A Game-Theoretic Typology of Strategic Voluntary Compliance

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Author Info
Simon Ashby
Swee Hoon Chuah () (Nottingham University Business School)
Robert Hoffmann () (Nottingham University Business School)

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Abstract

We analyse the possibility of successful industry self-regulation in terms of the strategic interactions between industry members and government. In particular, this paper presents a game-theoretic typology of generic self-regulatory scenarios and evaluates these in terms of the resulting likelihood of collective compliance. Examples for the scenarios are discussed and conclusions for corporate and public policy offered.

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Publisher Info
Paper provided by Nottingham University Business School in its series Occasional Papers with number 2.

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Length: pages
Date of creation: 07 Apr 2003
Date of revision:
Handle: RePEc:nom:occasi:2

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Related research
Keywords: industry self-regulation; voluntary compliance; game theory; public goods; collective action.;

Other versions of this item:

Find related papers by JEL classification:
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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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Hart, Oliver, 1995. "Corporate Governance: Some Theory and Implications," Economic Journal, Royal Economic Society, vol. 105(430), pages 678-89, May. [Downloadable!] (restricted)
  2. Shaked, Avner & Sutton, John, 1981. "The Self-Regulating Profession," Review of Economic Studies, Blackwell Publishing, vol. 48(2), pages 217-34, April. [Downloadable!] (restricted)
  3. Bomsel, O. & Borkey, P. & Glachant, M. & Leveque, F., 1996. "Is there room for environmental self-regulation in the mining sector?," Resources Policy, Elsevier, vol. 22(1-2), pages 79-86. [Downloadable!] (restricted)
  4. Telser, L G, 1980. "A Theory of Self-enforcing Agreements," Journal of Business, University of Chicago Press, vol. 53(1), pages 27-44, January. [Downloadable!] (restricted)
  5. North, Douglass C, 1991. "Institutions," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 97-112, Winter. [Downloadable!] (restricted)
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