Risks for Efficiency: Comprehensive Reform of Direct Regulation
提出并评估了监管决策的替代模型,主张一种面向公共利益的有限理性模型,认为许多低效监管政策是错误,且在特定条件下可避免或纠正。
Alternative models of regulatory decision making/legislative choice are presented and evaluated. A limited rationality model oriented to the common good is proposed as more complete and no less accurate than any of the more cynical alternatives. The implication of this model is that many inefficient regulatory policies are mistakes and that under specified conditions these mistakes can be avoided or corrected.