Who Will Deregulate the Deregulators?

11 Pages Posted: 19 Feb 2008

Abstract

A well-intentioned and fully informed regulator may determine that the optimal policy is to deregulate the market, yet the regulator may be constrained from doing so. In this condition, deregulatory policies originate in exogenous shocks to the regulator's choice environment. Entrepreneurship in political and economic markets is a primary source of institutional change that promotes deregulation.

Keywords: deregulation, natural monopoly, entrerepeurship, institutions, institutional change

JEL Classification: D7, L43, L51

Suggested Citation

Lopez, Edward J., Who Will Deregulate the Deregulators?. Public Choice, Forthcoming. Available at SSRN: https://ssrn.com/abstract=1094972

Edward J. Lopez (Contact Author)

Western Carolina University ( email )

College of Business
Forsyth 224C
Cullowhee, NC 28723
United States

HOME PAGE: http://www.edwardjlopez.com

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