EUI Working Paper: SPSEuropean University Institute, 1995 - Europe |
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Page 4
... Policy externalities and the dilemma of regulatory federalism The increasing complexity of technology and society ... externalities . A negative externality exists when the action of one individual , one firm , or one government impose ...
... Policy externalities and the dilemma of regulatory federalism The increasing complexity of technology and society ... externalities . A negative externality exists when the action of one individual , one firm , or one government impose ...
Page 5
... policy externalities can arise even in the case of purely local market failures . For instance , problems of safety regulation for construction of local buildings create no transboundary externalities and thus , according to the ...
... policy externalities can arise even in the case of purely local market failures . For instance , problems of safety regulation for construction of local buildings create no transboundary externalities and thus , according to the ...
Page 6
SPS. Centralization of regulatory authority at a higher level of government can correct such policy externalities , and perhaps capture economies of scale in policy making . But its cost is the homogenization of policy across ...
SPS. Centralization of regulatory authority at a higher level of government can correct such policy externalities , and perhaps capture economies of scale in policy making . But its cost is the homogenization of policy across ...
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Arpád SZAKOLCZAI Author Title bargaining behaviour budget bureaucracy Coase Coase theorem comitology Commission officials committees contractual partners Council of Ministers countries Court credibility decisions Dehousse delegation dilemma of regulatory EC policy Economic Eichener enforcement EUI Working Paper Europe European Commission European Community European institutions European level European Union European University Institute expertise founding treaties Giandomenico MAJONE Hans-Peter BLOSSFELD health and safety Hence Idem imperfect commitments implementation important independence Interest-group Politics intergovernmental agreement issues Jean BLONDEL legislation Maastricht Treaty Milgrom and Roberts mistrust monitor Motivational Factors mutual recognition national experts national governments national regulators objectives policy entrepreneur policy externalities policy innovation political control problem Public regulatory complexity regulatory federalism regulatory powers relational contracting Single European Act single European market Social Dumping social policy social regulation social regulatory measures structure students of EC supranational institutions supranational level technical theory transaction costs University Press Wildavsky Williamson