© 2017 - 2019 by Tung LAM

 

# Declaration

I am not in active clinical practice of treating patients! 'drlamtung' here is only a title!

Please reload

Recent Posts

I'm busy working on my blog posts. Watch this space!

Please reload

Featured Posts

Theoretical Aspects of Regulation

November 20, 2018

Public Interest Theories

 

The purpose of the regulation is to achieve certain publicly desired results in circumstances where the market would fail to yield these (market failure).

 

Interest Group Theories

 

The regulatory developments are driven by the pursuit of public interest but by particularistic concerns of interest groups. This approach has most prominently been associated with the so-called 'economic theory of regulation'. The economic theory of regulation builds on the assumption that actors are inherently self-regulatory and orientated at maximizing their own (material) interest.

Please reload

Follow Us

I'm busy working on my blog posts. Watch this space!

Please reload

Search By Tags
Please reload

Archive
  • LinkedIn Social Icon
  • Twitter Basic Square