Regulation and Economic Analysis: A Critique over Two Centuries
Regulation and Economic Analysis: A Critique Over Two Centuries argues that long experience with the practice of regulation creates a broad anti-intervention consensus among economists. This consensus is based on comparison of real intervention to real markets rather than an ideological preconceptio...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
New York, NY
Springer US
1994
|
| Ausgabe: | 1st ed. 1994 |
| Schriftenreihe: | Topics in Regulatory Economics and Policy
16 |
| Schlagworte: | |
| Online-Zugang: | BTU01 Volltext |
| Zusammenfassung: | Regulation and Economic Analysis: A Critique Over Two Centuries argues that long experience with the practice of regulation creates a broad anti-intervention consensus among economists. This consensus is based on comparison of real intervention to real markets rather than an ideological preconception. It is shown that economic theory can support all possible positions on intervention. Much theory is too abstract to support any policy position; many arguments about how intervention might help contain qualifications expressing doubts about whether the potential can be realized; many theories illustrate the drawbacks of intervention. The vast literature on these issues concentrates either on specific cases or polemics that exaggerate both sides of the argument. Regulation and Economic Analysis seeks to show the depth of the discontent, develop interpretations of economic theory that follow from skepticism about statism and provide selected illustrations. The discussion begins with examination of general equilibrium theory and proceeds to discuss market failure with stress on monopoly and particularly what is deemed excessive concern with predatory behavior. International trade issues, transaction costs, property rights, economic theories of government, the role of special institutions such as contracts, the defects of macroeconomic and equity arguments for regulating individual markets, environmental economics and the defects of public land management policies are examined |
| Beschreibung: | 1 Online-Ressource (XV, 273 p) |
| ISBN: | 9781461526209 |
| DOI: | 10.1007/978-1-4615-2620-9 |
Internformat
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Datensatz im Suchindex
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| edition | 1st ed. 1994 |
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| isbn | 9781461526209 |
| language | English |
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| spelling | Gordon, R.L. Verfasser aut Regulation and Economic Analysis A Critique over Two Centuries by R.L. Gordon 1st ed. 1994 New York, NY Springer US 1994 1 Online-Ressource (XV, 273 p) txt rdacontent c rdamedia cr rdacarrier Topics in Regulatory Economics and Policy 16 Regulation and Economic Analysis: A Critique Over Two Centuries argues that long experience with the practice of regulation creates a broad anti-intervention consensus among economists. This consensus is based on comparison of real intervention to real markets rather than an ideological preconception. It is shown that economic theory can support all possible positions on intervention. Much theory is too abstract to support any policy position; many arguments about how intervention might help contain qualifications expressing doubts about whether the potential can be realized; many theories illustrate the drawbacks of intervention. The vast literature on these issues concentrates either on specific cases or polemics that exaggerate both sides of the argument. Regulation and Economic Analysis seeks to show the depth of the discontent, develop interpretations of economic theory that follow from skepticism about statism and provide selected illustrations. The discussion begins with examination of general equilibrium theory and proceeds to discuss market failure with stress on monopoly and particularly what is deemed excessive concern with predatory behavior. International trade issues, transaction costs, property rights, economic theories of government, the role of special institutions such as contracts, the defects of macroeconomic and equity arguments for regulating individual markets, environmental economics and the defects of public land management policies are examined Industrial Organization Economic Policy Economic Growth Industrial organization Economic policy Economic growth Regulierung (DE-588)4201190-5 gnd rswk-swf Marktwirtschaft (DE-588)4037653-9 gnd rswk-swf Marktwirtschaft (DE-588)4037653-9 s Regulierung (DE-588)4201190-5 s DE-604 Erscheint auch als Druck-Ausgabe 9781461361237 Erscheint auch als Druck-Ausgabe 9780792327905 Erscheint auch als Druck-Ausgabe 9781461526216 https://doi.org/10.1007/978-1-4615-2620-9 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Gordon, R.L Regulation and Economic Analysis A Critique over Two Centuries Industrial Organization Economic Policy Economic Growth Industrial organization Economic policy Economic growth Regulierung (DE-588)4201190-5 gnd Marktwirtschaft (DE-588)4037653-9 gnd |
| subject_GND | (DE-588)4201190-5 (DE-588)4037653-9 |
| title | Regulation and Economic Analysis A Critique over Two Centuries |
| title_auth | Regulation and Economic Analysis A Critique over Two Centuries |
| title_exact_search | Regulation and Economic Analysis A Critique over Two Centuries |
| title_exact_search_txtP | Regulation and Economic Analysis A Critique over Two Centuries |
| title_full | Regulation and Economic Analysis A Critique over Two Centuries by R.L. Gordon |
| title_fullStr | Regulation and Economic Analysis A Critique over Two Centuries by R.L. Gordon |
| title_full_unstemmed | Regulation and Economic Analysis A Critique over Two Centuries by R.L. Gordon |
| title_short | Regulation and Economic Analysis |
| title_sort | regulation and economic analysis a critique over two centuries |
| title_sub | A Critique over Two Centuries |
| topic | Industrial Organization Economic Policy Economic Growth Industrial organization Economic policy Economic growth Regulierung (DE-588)4201190-5 gnd Marktwirtschaft (DE-588)4037653-9 gnd |
| topic_facet | Industrial Organization Economic Policy Economic Growth Industrial organization Economic policy Economic growth Regulierung Marktwirtschaft |
| url | https://doi.org/10.1007/978-1-4615-2620-9 |
| work_keys_str_mv | AT gordonrl regulationandeconomicanalysisacritiqueovertwocenturies |