When is regulation more efficient than competition?
| Authors |
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| Publication date |
21-10-2010
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| Publisher |
VoxEU
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| Organisations |
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Interfacultary Research - Amsterdam Center for Law & Economics (ACLE)
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Faculty of Economics and Business (FEB) - Amsterdam Business School Research Institute (ABS-RI)
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| Abstract |
When is regulation more efficient than competition? This column provides a theoretical framework for thinking about these issues and explores its implications using electricity data from the US. It argues regulation can be more efficient than competition when investment inducement is salient, and that deregulation can be inefficiently implemented when consumer groups are too politically powerful.
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| Document type |
Web publication or website
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| Language |
English
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| Published at |
https://cepr.org/voxeu/columns/when-regulation-more-efficient-competition
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