The Public Interest Theory of regulation explains, in general terms, that regulation seeks the protection and benefit of the public at large.

The standard 'public interest' or 'helping hand' theory of regulation is based on two assumptions. First, unhindered markets often fail because of the problems ...

This theory argues that regulation promotes the general welfare rather than the interests of well-organized stakeholders.

22 окт. 2024 г. · The public interest theory of regulation asserts that regulation is necessary to protect the public (Hantke-Domas, 2003) and deal effectively ...

"There are three main theories of economics of regulation: first of all, the public interest theory that says that regulation serve to solve market failures; ...

Fundamental to public interest theories are market failures and efficient government intervention. According to these theories, regulation increases social ...

In the public interest approach, citizen needs and protections in the face of market failures are central. In the other two approaches citizen needs are not ...

A later variant of the public interest theory suggests that regulation may not lead to optimal efficiency and there may be costs to regulation, but regulation ...

“Public interested” regulation represents the category of “benign” regulation that stands in opposition to the “bad” regulation interest group theorists ...