Bargaining and the Sources of Transaction Costs: The Case of Government Regulation

  • Heckathorn D
  • Maser S
  • 19

    Readers

    Mendeley users who have this article in their library.
  • 36

    Citations

    Citations of this article.

Abstract

Labour, commerce and Environmental regulations have been intended to make markets more efficient and orderly and to protect the public interest. The outcomes have sometimes been bitterly divisive. Regulation creates winners and losers. Additional sources of conflict can arise regardless of the form of regulation. The contibution of any form of regulation toward making markets more efficient have been called into question, owing to an increased emphasis on the costliness of regulatory intervention. The difficulties in defining the interests that regulatory interventions are to safeguard have been increasingly recognised.

Get free article suggestions today

Mendeley saves you time finding and organizing research

Sign up here
Already have an account ?Sign in

Find this document

Authors

  • Douglas D. Heckathorn

  • Steven M. Maser

Cite this document

Choose a citation style from the tabs below

Save time finding and organizing research with Mendeley

Sign up for free