Abstract
This chapter first considers empirical evidence on the benefits of reforms and then addresses reform issues in particular markets. It examines patent mechanisms and R&D policies in innovation markets; optimal environmental regulations and their impact on innovation, investments, and prices; barriers to trade and competition, and the structure of regulatory agencies in telecommunications markets; and some key issues related to financial markets. The concluding section discusses alternative frameworks for assessing the functioning of markets and for evaluating rules and regulations.
Original language | English |
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Title of host publication | Reforming Rules and Regulations |
Subtitle of host publication | Laws, Institutions, and Implementation |
Editors | Vivek Ghosal |
Publisher | MIT Press |
Chapter | 1 |
ISBN (Electronic) | 9780262289412 |
ISBN (Print) | 9780262014687 |
DOIs | |
Publication status | Published - 22 Oct 2010 |