HIGHLIGHTS
- who: Emeric Henry et al. from the (UNIVERSITY) have published the research work: Regulation with Experimentation: Ex Ante Approval, Ex Post Withdrawal, and Liability, in the Journal: (JOURNAL)
- what: The authors focus on the following three regulatory frameworks-including both ex ante and ex post interventions-that evolved over the course of the twentieth century, as decision rights were gradually transferred from judges to modern-day regulatory agencies (see Glaeser and Shleifer, 2003): Liability was the first form of regulation to appear, mostly through litigation. The second part of the paper analyzes the effectiveness of . . .
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