A Graphical Approach to the Stiglerian Theory of Regulation

Autor/inn/en	Beard, T. Randolph; Kaserman, David L.; Mayo, John W.
Titel	A Graphical Approach to the Stiglerian Theory of Regulation
Quelle	In: Journal of Economic Education, 38 (2007) 4, S.447-451 (5 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0022-0485
Schlagwörter	Microeconomics; Utilities; Federal Regulation; Theories + Suchen Sie Ihr Suchwort? Mikroökonomie; Hilfsmittel; Bundeskompetenz; Theory; Theorie
Abstract	Although many authors have drawn on the basic insights of the early founders of the economic theory of regulation, the ability to cogently present the general form of the theory in a readily accessible graphical format has only recently emerged. Although providing a promising approach for illustrating and analyzing regulatory and deregulatory outcomes, the analysis presented to this point appears to require the derivation of several graphs. The result is that, although stemming from a single paradigmatic framework, the graphical approach fails to offer a single unified basis for illustrating the general economic theory of regulation. The authors seek to fill this lacuna by providing a simple yet powerful unifying graphical construct for presenting the myriad implications of that theory. (Contains 2 figures and 6 notes.) (Author).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10