Politically Induced Regulatory Risk and Independent Regulatory Agencies

Research, Other literature type, Preprint English OPEN
Strausz, Roland;
(2015)
  • Publisher: Universitätsbibliothek der Ludwig-Maximilians-Universität München
  • 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
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