Twitist Forums / General Social Media & Marketing Forums / Social Marketing v / What is deregulation and why should we deregulate some industries?



This Forum has been archived there is no more new posts or threads ... use this link to report any abusive content
==> Report abusive content in this page <==
Post Reply 
 
Thread Rating:
  • 0 Votes - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
What is deregulation and why should we deregulate some industries?
11-19-2012, 02:21 AM
Post: #3
GreenManorite Offline
Newbie
*
 		Posts: 0
Joined: May 2012
Reputation: 0
 
Deregulation, is the reduction of government involvement in an industry. Government intervention tends to create inefficiencies if there are complete markets and few externalities.

Profit maximizing behavior of a firms maximizes productivity and "social welfare" if they are in a competitive market. Regulations are also applied to industries with some sort of monopoly power, but markets change so the appropriateness of government regulation changes. Same can be said for externalities, they change so the role of government in addressing externalities change.
Find all posts by this user
Quote this message in a reply
Post Reply 


Messages In This Thread
[] - awesomecommunist - 11-19-2012, 02:21 AM
[] - GreenManorite - 11-19-2012 02:21 AM

Forum Jump:


User(s) browsing this thread: 1 Guest(s)

Contact Us | Twitist Forums | Return to Top | Return to Content | Lite (Archive) Mode | RSS Syndication