Optimal regulation with exemptions
Despite decades of research on mechanism design and on many practical aspects of cost-benefit analysis, one of the most basic and ubiquitous features of regulation as actually implemented throughout the world has received little theoretical attention: exemptions for small firms. These firms, althoug...
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| Format: | Article |
| Language: | English |
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Elsevier Inc.
2019
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| Online Access: | View Fulltext in Publisher |