{"product_id":"9781461361237","title":"Regulation and Economic Analysis: A Critique over Two Centuries","description":"\u003ch1\u003eRegulation and Economic Analysis: A Critique over Two Centuries\u003c\/h1\u003e \u003ch2\u003eGordon, R.L.\u003c\/h2\u003e \u003cp\u003e\u003cem\u003eRegulation and Economic Analysis: A Critique Over Two  Centuries\u003c\/em\u003e argues that long experience with the practice of  regulation creates a broad anti-intervention consensus among  economists. This consensus is based on comparison of real intervention  to real markets rather than an ideological preconception. It is shown  that economic theory can support all possible positions on  intervention. Much theory is too abstract to support any policy  position; many arguments about how intervention might help contain  qualifications expressing doubts about whether the potential can be  realized; many theories illustrate the drawbacks of intervention. The  vast literature on these issues concentrates either on specific cases  or polemics that exaggerate both sides of the argument. \u003cbr\u003e  \u003cem\u003eRegulation and Economic Analysis\u003c\/em\u003e seeks to show the depth of the  discontent, develop interpretations of economic theory that follow  from skepticism about statism and provide selected illustrations. The  discussion begins with examination of general equilibrium theory and  proceeds to discuss market failure with stress on monopoly and  particularly what is deemed excessive concern with predatory behavior.  International trade issues, transaction costs, property rights,  economic theories of government, the role of special institutions such  as contracts, the defects of macroeconomic and equity arguments for  regulating individual markets, environmental economics and the defects  of public land management policies are examined. \u003cbr\u003e\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2012-11-05\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9781461361237\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-1-4615-2620-9\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 273\u003c\/p\u003e ","brand":"Springer","offers":[{"title":"Default Title","offer_id":44398576926860,"sku":"9781461361237","price":99.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9781461361237.jpg?v=1755437988","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9781461361237","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}