ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
4th Edition
ISBN: 9781285423548
Author: William A. McEachern
Publisher: Cengage Learning
Question
Chapter 15, Problem 3.4PA

a)

To determine

The reason for more interest of the producers in government regulations as compared to the consumers and the public interest and special interest theories of economic regulation are to be compared and the capture theory of regulation is to be determined.

b)

To determine

the theories of regulation that explains the reason for the massive fraud of Bernie Madoff went unnoticed for years.

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