Law and Economics of Regulation:
This book explores current issues regarding the regulation of various economic sectors, theoretically and empirically, discussing both neoclassical and behavioural economics approaches to regulation. Regulation has become one of the main determinants of modern economies, and virtually every sector i...
Gespeichert in:
Weitere Verfasser: | , |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Cham
Springer International Publishing
2021
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Ausgabe: | 1st edition |
Schriftenreihe: | Economic Analysis of Law in European Legal Scholarship
11 |
Schlagworte: | |
Online-Zugang: | BTU01 Volltext |
Zusammenfassung: | This book explores current issues regarding the regulation of various economic sectors, theoretically and empirically, discussing both neoclassical and behavioural economics approaches to regulation. Regulation has become one of the main determinants of modern economies, and virtually every sector is subject to general laws and regulations as well as specific rules and standards. A traditional argument to justify regulatory interventions is the promotion of public interests. Fixing markets that lack competition, balancing information asymmetries, internalising externalities, mitigating systemic risks, and protecting consumers from irrational behaviour are frequently invoked to complement the invisible hand of the market with the visible hand of the state. However, regulations can lead to unintended consequences, and serve the interests of powerful private interest groups rather than the public interest and social welfare. In addition, new insights from behavioural economics question the traditional regulatory approaches, most prominently in attitudes towards consumers. Furthermore, digitalisation and technological innovation in general present new challenges in terms of both the type of regulation and the regulatory process. Part I of this book discusses various theoretical approaches to the economic analysis of regulations, while Part II looks at specific applications of the law and economics of regulation |
Beschreibung: | 1 Online-Ressource (XVI, 320 Seiten) |
ISBN: | 9783030705305 |
DOI: | 10.1007/978-3-030-70530-5 |
Internformat
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edition | 1st edition |
format | Electronic eBook |
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index_date | 2024-07-03T19:37:29Z |
indexdate | 2024-07-10T09:26:34Z |
institution | BVB |
isbn | 9783030705305 |
language | English |
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physical | 1 Online-Ressource (XVI, 320 Seiten) |
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publisher | Springer International Publishing |
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series2 | Economic Analysis of Law in European Legal Scholarship |
spelling | Law and Economics of Regulation edited by Klaus Mathis, Avishalom Tor 1st edition Cham Springer International Publishing 2021 1 Online-Ressource (XVI, 320 Seiten) txt rdacontent c rdamedia cr rdacarrier Economic Analysis of Law in European Legal Scholarship 11 This book explores current issues regarding the regulation of various economic sectors, theoretically and empirically, discussing both neoclassical and behavioural economics approaches to regulation. Regulation has become one of the main determinants of modern economies, and virtually every sector is subject to general laws and regulations as well as specific rules and standards. A traditional argument to justify regulatory interventions is the promotion of public interests. Fixing markets that lack competition, balancing information asymmetries, internalising externalities, mitigating systemic risks, and protecting consumers from irrational behaviour are frequently invoked to complement the invisible hand of the market with the visible hand of the state. However, regulations can lead to unintended consequences, and serve the interests of powerful private interest groups rather than the public interest and social welfare. In addition, new insights from behavioural economics question the traditional regulatory approaches, most prominently in attitudes towards consumers. Furthermore, digitalisation and technological innovation in general present new challenges in terms of both the type of regulation and the regulatory process. Part I of this book discusses various theoretical approaches to the economic analysis of regulations, while Part II looks at specific applications of the law and economics of regulation Private International Law, International & Foreign Law, Comparative Law European Economic Law Law and Economics Private international law Conflict of laws Commercial law / European Economic Community countries Law and economics Mathis, Klaus 1967- (DE-588)13852937X edt Tor, Avishalom ca. 20./21. Jh. (DE-588)1171729367 edt Erscheint auch als Druck-Ausgabe 978-3-030-70529-9 Erscheint auch als Druck-Ausgabe 978-3-030-70531-2 Erscheint auch als Druck-Ausgabe 978-3-030-70532-9 https://doi.org/10.1007/978-3-030-70530-5 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Law and Economics of Regulation Private International Law, International & Foreign Law, Comparative Law European Economic Law Law and Economics Private international law Conflict of laws Commercial law / European Economic Community countries Law and economics |
title | Law and Economics of Regulation |
title_auth | Law and Economics of Regulation |
title_exact_search | Law and Economics of Regulation |
title_exact_search_txtP | Law and Economics of Regulation |
title_full | Law and Economics of Regulation edited by Klaus Mathis, Avishalom Tor |
title_fullStr | Law and Economics of Regulation edited by Klaus Mathis, Avishalom Tor |
title_full_unstemmed | Law and Economics of Regulation edited by Klaus Mathis, Avishalom Tor |
title_short | Law and Economics of Regulation |
title_sort | law and economics of regulation |
topic | Private International Law, International & Foreign Law, Comparative Law European Economic Law Law and Economics Private international law Conflict of laws Commercial law / European Economic Community countries Law and economics |
topic_facet | Private International Law, International & Foreign Law, Comparative Law European Economic Law Law and Economics Private international law Conflict of laws Commercial law / European Economic Community countries Law and economics |
url | https://doi.org/10.1007/978-3-030-70530-5 |
work_keys_str_mv | AT mathisklaus lawandeconomicsofregulation AT toravishalom lawandeconomicsofregulation |