Deregulation with consensus

Deregulation with Consensus

We analyze the problem of eliminating an inefficient regulation, such as protection, in a dynamic model in which there is incomplete information and unanimous approval from all parties involved is necessary. Existing firms have heterogeneous cost, and efficiency requres some of them to shut down when the inefficient regulation is eliminated. The government can set up a revelation mechanism, giv...

Achieving Consensus Deal with Methodological Issues in the Delphi Technique

Delphi is a powerful technique used to seek answers to appropriate questions. The purpose of this paper is to provide an overview of the Delphi technique as a research method. This paper discusses the scientific merit of the Delphi technique by investigating on 41 studies of Journal of Agricultural Education from 1981 to 2013, and 2 studies of Journal of Agricultural Science and Technology. The...

Deregulation and Privatisation In

42 Distribution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 Construction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 Road transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51 Telecommunications . . . . . . . ....

Regulation, Deregulation, and Happiness

Deregulation and Electricity Rates

This paper discusses the spread of electricity deregulation in OECD countries since the early 1990s. England, Wales and Norway were the pioneers, but almost all OECD countries have now introduced some degree of liberalisation, and several have free entry to generation while allowing all electricity consumers to choose where they buy their power. The paper discusses some of the issues raised by ...