Develops a theory of trade regulation, shows the kinds of problems that can occur when the wrong type of controls are placed on an industry, and suggests an approach for modifying regulatory policiesThus, if the boat will take cars but not trucks, car tolls will be cut and truck tolls raised to make up the difference. ... Economists have tended to think that the regulator ought to allow the new firm to enter in these circumstances and also allow ... The Industry and the Service The domestic telecommunications industry consists almost entirely of the Bell System, the largest nonfinancial corporation in the world.
Title | : | REGULATION AND ITS REFORM |
Author | : | Stephen G. BREYER |
Publisher | : | Harvard University Press - 1982 |
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