作者：Bull, Reeve
作者单位：Duke University
摘要：When justifying the government's role in intervening in the free market, economists and legal scholars alike point to the problem of market failures: laissez-faire capitalism may not produce optimal outcomes in certain cases, and government interventions can promote overall market efficiency. The existence of such market failures is not terribly controversial; the question whether government regulators can correctly identify these flaws and devise appropriate solutions, by contrast, is signifi...
作者：Li, Xingxing
作者单位：University of Chicago
摘要：Regulatory competition theorists predict that interagency regulatory competition one. form of regulatory competition-may generate benefits that outweigh costs. However, this Article presents a case study on how complexities arising from the institutional setting and strategic behavior of regulatory agencies may undermine meaningful competition. The subject of the study is the domestic regulation of inbound foreign investment in China. The study uncovers how and why agencies' self-expansion beh...
