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单词 Price regulation
释义

Price regulation

英语百科

Regulatory economics

Regulatory economics is the economics of regulation, in the sense of the application of law by government or an independent agency for various purposes, such as remedying market failure, protecting the environment, centrally-planning an economy, enriching well-connected firms, or benefiting politicians (see Regulatory capture). It is not considered to include voluntary regulation that may be accomplished in the private sphere.

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