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Author:   Reza R. Dibadj
Publisher:   State University of New York Press
Imprint:   State University of New York Press
Edition:   Annotated edition
Dimensions:   Width: 15.20cm , Height: 2.50cm , Length: 22.90cm
Weight:   0.327kg
ISBN:  

9780791468845

ISBN 10:   0791468844
Pages:   236
Publication Date:   01 June 2007
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Paperback
Publisher's Status:   Active
Availability:   Out of stock  
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Table of Contents

"Preface Acknowledgments Part I. Conventional Polarities 1. Traditional Perspectives Definitions and History Justifications for Regulation 2. Lambasting Regulation Foundations of the Critique Progeny 1. Chicago school 2. Contestability theory 3. Public choice 3. Where Is Society Left? Direct effects: Industry Consolidation and Scandal Indirect effects: Economic insecurity and the Retreat of ""Publicness"" Part II. The Economic Case for Regulation 4. Beyond Flawed Assumptions ... Unraveling the Chicago school 1. Worshipping efficiency 2. Downplaying transaction costs 3. Ignoring behavioral biases 4. Preordaining initial entitlements 5. Normativity as science? Rethinking Contractarianism 1. Some inconsistencies 2. Exalting the private 5... Toward New Research Post-Chicago Law and Economics Core Theory Behavioral Economics Special Problems of New-Economy Industries Some Commonalities Part III. A Path Forward 6. Substantive Reform Social Regulation: Rescuing Cost/Benefit Analysis Economic Regulation: Gaining Access to Bottlenecks Reachieving Publicness 1. Basic principles 2. Reforming the regulation of public corporations 7. Institutional Changes Limited Agencies Some Objections 1. Aren't government actors biased? 2. Why not courts as frontline arbiters? 3. Isn't this giving up on participatory democracy? Afterword Notes Bibliography Index"

Reviews

A compelling defense of economic regulation and antitrust against the criticisms by the twentieth-century exponents of eighteenth-century economics-- in which the distribution of income and of political and economic power are taken as 'given'-- and a correspondingly ambitious project for their reconstruction in the twenty-first century. I find the defense totally persuasive, and the proposed reconstruction thought-provoking and convincing. A truly original and even courageous book. It shows, with great power and effect, that the rational school is empirically unsupported, conceptually flawed, and normatively wrongheaded. But Dibadj does better: he points at alternative conceptions. The more people read him and heed him, the better we all shall be.

A compelling defense of economic regulation and antitrust against the criticisms by the twentieth-century exponents of eighteenth-century economics-- in which the distribution of income and of political and economic power are taken as 'given'-- and a correspondingly ambitious project for their reconstruction in the twenty-first century. I find the defense totally persuasive, and the proposed reconstruction thought-provoking and convincing.

Author Information

Reza R. Dibadj is Associate Professor of Law at the University of San Francisco.

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