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The economic theory of regulation and trucking deregulation: Shifting to the state level

โœ Scribed by Paul Teske; Samuel Best; Michael Mintrom


Book ID
105048517
Publisher
Springer US
Year
1994
Tongue
English
Weight
842 KB
Volume
79
Category
Article
ISSN
0048-5829

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This paper extends the economic theory of regulation to include endogenous regulatory change. It outlines conditions under which endogenously rising deadweight costs of regulation can alter the policy equilibrium, even if those rising costs are fully anticipated. Within this framework, alternative w