ECON MICRO
ECON MICRO
5th Edition
ISBN: 9781337000536
Author: William A. McEachern
Publisher: Cengage Learning
Question
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Chapter 15, Problem 3.4P

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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