Statements (23)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
Political concept |
| gptkbp:cause |
gptkb:Market_failure
Corruption Inefficient regulation |
| gptkbp:coinedBy |
gptkb:George_Stigler
|
| gptkbp:consequence |
Policies favoring industry over public interest
Reduced regulatory effectiveness |
| gptkbp:describes |
A situation where regulatory agencies are dominated by the industries they are charged with regulating
|
| gptkbp:example |
Environmental regulation
Telecommunications regulation Pharmaceutical regulation Financial industry regulation |
| gptkbp:firstDescribed |
1971
|
| https://www.w3.org/2000/01/rdf-schema#label |
Regulatory capture
|
| gptkbp:opposedBy |
Effective regulation
|
| gptkbp:relatedTo |
Public choice theory
Government failure Rent-seeking |
| gptkbp:studiedIn |
gptkb:Political_science
Economics |
| gptkbp:bfsParent |
gptkb:State_capture
|
| gptkbp:bfsLayer |
7
|