Name: The Economics of Government Regulation
Price: 64.26 EUR
Availability: InStock
Author: Junhao Wang (Author), Lin Chen (Translator)
ISBN: 9781032026541

portada The Economics of Government Regulation

Type

Physical Book

Publisher

Routledge Chapman Hall

Author

Junhao Wang (Author), Lin Chen (Translator)

Language

English

Format

Paperback

ISBN13

9781032026541

The Economics of Government Regulation

Junhao Wang (Author), Lin Chen (Translator) (Author) · Routledge Chapman Hall · Paperback

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Synopsis "The Economics of Government Regulation "

Regulation is a public policy approach closely related to calculations of the equilibrium of supply and demand and to cost-benefit analyses. Governments combine a variety of incentives and restrictions on behavior, including laws and regulations, in order to guide enterprises and smaller entities within the economy toward pursuing policies in the public interest.This book offers an in-depth and systematic review of the economic theory of regulation, with particular emphasis on the Chinese context. The basic concepts cover economic and social regulation, regulatory process, regulation under asymmetric information, and capture theory. Drawing on a broad range of cases from across the telecommunications, electric power, and water sectors since the founding of the People's Republic of China in 1949, the author explores economic regulation in China with reference to natural monopoly, investment, price level and price structure, entry, and competition. In addition, he discusses theories of externalities and asymmetric information, which are analyzed in the light of China's environmental and product quality regulation. The author argues that the Chinese government has deregulated its economy to a large extent in the past and proposes that the Chinese government will enforce more social regulation in the future. Students and scholars of government regulation, economics, and industrial organization will find this volume to be an essential guide.

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The Economics of Government Regulation - Junhao Wang (Author), Lin Chen (Translator)

Synopsis "The Economics of Government Regulation "

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