The capture theory of regulation holds that quizlet

1 answer:

7 0

The capture theory of regulation holds that there are certain regulations which are enforced by the regulator agencies and individuals.

<h3>What is the theory of regulation?</h3>

The theory of regulatory was attached to some individual such as Nobel laureat and George Stigler the theory explains the phenomenon of a regulation is managed by designated individual who ensures that people comply to regulations.

We have private and public regulations and agency vested with the task to oversee a specific industries are exposed to risk.

Therefore,

The capture theory of regulation holds that there are certain regulations which are enforced by the regulator agencies and individuals.

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