EUI Working Paper: SPS, Volumes 4-10European University Institute, 1993 - Europe |
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Page 9
Social regulation ( health and safety , environment , consumer protection ) attempts to solve problems created by specific types of market failure especially , public goods , negative externalities and information failures .
Social regulation ( health and safety , environment , consumer protection ) attempts to solve problems created by specific types of market failure especially , public goods , negative externalities and information failures .
Page 10
It is important to note that the paternalistic argument for government activities is quite distinct from the externalities argument ( Stiglitz , 1988 : 81 ) . Smoking in public places imposes a cost on non - smokers and hence a ban can ...
It is important to note that the paternalistic argument for government activities is quite distinct from the externalities argument ( Stiglitz , 1988 : 81 ) . Smoking in public places imposes a cost on non - smokers and hence a ban can ...
Page 11
... but especially the third one , are quite different from social regulation both in the range of government activities they include and in their underlying rationale : public goods , negative externalities and information failure in ...
... but especially the third one , are quite different from social regulation both in the range of government activities they include and in their underlying rationale : public goods , negative externalities and information failure in ...
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