A new approach to the design of regulation in the presence of multiple objectives (Q1119148)
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scientific article; zbMATH DE number 4097082
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | A new approach to the design of regulation in the presence of multiple objectives |
scientific article; zbMATH DE number 4097082 |
Statements
A new approach to the design of regulation in the presence of multiple objectives (English)
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1989
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Many problems in regulation are characterized by multiple objectives on the part of the firm and the regulator. This paper develops a new approch for addressing such problems. The procedure relies on the use of transferable property rights. Examples drawn from the fields of business management and regulation are used to illustrate the idea. After presenting the basic theory, the paper examines how the theory can be implemented and tested.
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environmental economics
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regulation
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multiple objectives
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transferable property rights
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business management
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0.81175584
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0.80636406
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0.8061791
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0.80610985
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