Politically Induced Regulatory Risk and Independent Regulatory Agencies

Research, Preprint English OPEN
Strausz, Roland;
(2017)
  • Publisher: München, Berlin: Ludwig-Maximilians-Universität München und Humboldt-Universität zu Berlin, Collaborative Research Center Transregio 190 - Rationality and Competition
  • Related identifiers: doi: 10.5282/ubm/epub.58056
  • Subject: Collaborative Research Center Transregio "Rationality and Competition" | regulation | independent regulatory agency | electoral uncertainty; independent regulatory agency; regulation; regulatory risk | regulatory risk | electoral uncertainty | D82
    • ddc: ddc:330
      jel: jel:D82

Uncertainty in election outcomes generates politically induced regulatory risk. For monopoly regulation, political parties\' risk attitudes towards such risk depend on a fluctuation effect that hurts both parties and an output--expansion effect that benefits at least on... View more