private interest theory of regulation
Post an initial response of 1000 word (maximum) to the Discussion Board that addresses the following questions:
- What are the assumptions upon which the public interest theory of regulation is based?
- How does the private interest theory challenge the conclusions of the public interest theory?
- After completing the reading for this week, under what circumstances would you recommend that a business expend their time and resources on lobbying activity?
Government and Business: American Political Economy in Comparative Perspective
Chapter 6, â€œThe Advocacy Environment: Public Opinion, Unions, and Groupsâ€ (pp. 121â€“141)Chapter 7, â€œCorporations and Business Associations in the Political Arenaâ€ (pp. 142â€“163)Chapter 8, â€œLobbying Connectionsâ€ (pp. 164â€“186)Lehne, R. (2013).
“Understanding Regulation.”(European Financial Management)
Vol 11 No. 4 (2005).Read Sections 1 and 2 (pp. 439-442).