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Regulatory capture theory has a specific meaning, that is, an experience statement that regulations are beneficial for producers in real life. So it is essentially not a true regulatory theory. Although the analysis results are similar to the Stigler model, the methods are completely different.
State capture is a type of systemic political corruption in which private interests significantly influence a state's decision-making processes to their own advantage.. The term was first used by the World Bank in 2000 to describe certain Central Asian countries making the transition from Soviet communism, where small corrupt groups used their influence over government officials to appropriate ...
Public interest theory claims that government regulation can improve markets, compensating for imperfect competition, unbalanced market operation, missing markets and undesirable market outcomes. Regulation can facilitate, maintain, or imitate markets. [3] Public interest theory is a part of welfare economics.
The phrase "slips and capture" was used by Bill Lewinski in 2009, a consultant in police use of force who was part of Mehserle's defense team. Lewinski was reported by the Wisconsin State Journal to have a doctorate in psychology from Union Institute & University , an online college. [ 13 ]
Discrimination is rather static in this sense. Elite capture is a manifested form of corruption, and social discrimination is a manifestation of a set of beliefs in a society. Elite capture and state capture are also similar because they are both related to deviation of public resources for private benefits, but differ in how power is exercised.
Stockholm syndrome is a proposed condition or theory that tries to explain why hostages sometimes develop a psychological bond with their captors. [ 1 ] [ 2 ] Stockholm syndrome is a "contested illness" due to doubts about the legitimacy of the condition.
Value capture is a type of public financing that recovers some or all of the value that public infrastructure generates for private landowners. In many countries, the public sector is responsible for the infrastructure required to support urban development.
The rule of capture or law of capture, part of English common law [1] and adopted by a number of U.S. states, establishes a rule of non-liability for captured natural resources including groundwater, oil, gas, and game animals. The general rule is that the first person to "capture" such a resource owns that resource.