Regulation, Deregulation, and Happiness

Regulation, Deregulation, and Happiness

Insider Trading: Regulation, Deregulation, and Taxation

I consider in this paper the impact of insider trading regulation (ITR) on a securities markets and on social welfare, and suggest that society would be better off if ITR were eliminated. In addition, acknowledging that such an abrupt change in policy is not likely to be made, at least in the short run, I propose two alternative policies, both consisting of allowing insider trading and imposing...

Control and Competition: Banking Deregulation and Re-regulation in Indonesia

Policy changes in Indonesian banking from 1983 through 1990 saw the removal of controls on interest rates, lending, and expansion of branch networks, and of barriers to entry. The dismantling of loan subsidy programmes financed by the central bank ran in parallel with these changes. Private banks have been enabled to erode rapidly the market share of the previously dominant, but less efficient ...

The Interaction of Federal Deregulation and State Regulation

The past few years have witnessed federal deregulation in key industries. -First it reached stock brokers.! railroads.s and airlines.'' then communicationsrs and now banking," energy,6 and trucking. 7 While each of these deregulations is important by Itself their cumulative effect and the trend that they augur are particularly significant, suggesting a watershed in government-business relations...

Differential preferences for happiness: extraversion and trait-consistent emotion regulation.

The assumption that everyone wants to be happy is prevalent among psychologists and laypeople alike. The present investigation suggests that motives for happiness are not consistent across individuals or contexts. Three studies demonstrate that preferences for happiness vary as a function of trait extraversion and situational demands. When anticipating an effortful task that requires increased ...