(im)possibility of Rational Regulation

  • Coskun Can AKTAN
  • Published 2003

Abstract

Regulation is one the significant economic role and function of the government. There are many types of economic regulations that might be demanded due to various reasons. Economists have different view and theories on economic regulations. Public interest theory of regulation explains the rationale of regulation from the point of view of aiming public interest. Private interest theories of regulation developed by Chicago and Virginia school of economists suggests that regulation does not protect the public at large but only the interests of special groups.

Cite this paper

@inproceedings{AKTAN2003impossibilityOR, title={(im)possibility of Rational Regulation}, author={Coskun Can AKTAN}, year={2003} }