Incremental vs. Comprehensive Reform of Economic Regulation
Predictable Outcomes and Unintended Consequences
Bibliographic Data
| ID | 9533702 |
|---|---|
| Authors | L R Jones (0000-0002-9563-6612, University of Oregon, corresponding author), Frederick Thompson (University of Oregon) |
| Year | 1984 |
| Volume | 43 |
| Issue | 1 |
| Pages | 1-17 |
| Publication date | 1984-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | American Journal of Economics and Sociology (JOURNAL) |
| Journal identifiers | ISSN: 0002-9246 • E-ISSN: 1536-7150 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1536-7150.1984.tb02218.x |
| OpenAlex | W1965984768 |
| Language | EN |
| Citations received | 3 |
| References cited | 20 |
A bstract . Examination of the theory and politics of reform of government regulatory policy leads to the conclusion that comprehensive reform of economic regulation is desirable and possible, given that we understand how existing regulatory decision‐making processes operate and how reform efforts in the past have failed. Options exist along a dimension of magnitude of change: incremental versus comprehensive reform. Under certain conditions regulatory reform is best achieved through comprehensive change and equilibration to new policy, rather than marginal adjustments to existing policy that often lead to more rather than less government regulation. Comprehensive reform is held to be complete or nearly complete relaxation of government control over price, market entry and other aspects of competition among firms across an entire industry , or assumption by government of new , broad‐scale controls over private lector market behavior. Comprehensive reduction of government control, i.e., deregulation , is in accord with the observation that government decision‐makers sometimes behave as if economic efficiency were an important objective
Competition (biology · Control (management · Deregulation · Economic policy · Economic reform · Economics · Government (linguistics · Government regulation · Market economy · Political science · Politics · Public economics · Regulatory reform · Scale (ratio · Unintended consequences · Economic Theory and Institutions · Economic Theory and Policy · Law, Economics, and Judicial Systems
What Can Regulators Regulate? The Case of Electricity
The Transitional Gains Trap
The Theory of Economic Regulation
Models of man, social and rational
The Calculus of Consent
Regulatory Policy and Practices
Promoting Competition in Regulated Markets
Railroads and Regulation, 1877-1916
Social Responsibility and the Business Predicament
Regulation in America
Regulatory Policy Analysis
Politics and the Career Mobility of Bureaucrats
| Unique citing works | 3 |
|---|---|
| Citations per year | 0,09 |
| Citation span | 1992 - 2025 (34) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 3 |