Regulatory agencies and regulatory risk

Research, Preprint English OPEN
Knieps, Günter; Weiß, Hans-Jörg;
  • Publisher: Inst. für Verkehrswiss. und Regionalpolitik Freiburg i. Br.
  • Subject: Diskretionäre Politik | Risiko | Netzzugang | Regulierung | Aufsichtsbehörde
    • ddc: ddc:330

The aim of this paper is to show that regulatory risk is due to the discretionary behaviour of regulatory agencies, caused by a too extensive regulatory mandate provided by the legislator. The normative point of reference and a behavioural model of regulatory agencies b... View more
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