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Principles of regulatory policy design.

By: Sappington, David E.M.
Material type: materialTypeLabelBookSeries: Policy Research Working Paper No. 1239. Publisher: Washington : World Bank, 1994Subject(s): Economic policy | Economic systems -- Market economy. -- Economic systems -- Market economySummary: The paper contrasts command-and control regulation (tight control of water purification for example, with more flexible forms including incentive regulation, potential regulation and reactive rather than proactive policies.
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Background paper for World Development Report 1994.

The paper contrasts command-and control regulation (tight control of water purification for example, with more flexible forms including incentive regulation, potential regulation and reactive rather than proactive policies.

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