Regulation And The Marketplace

Topics:
Regulations
Tags:
E-business/E-Commerce,
Government,
Government Regulation,
Internet,
Merchant,
Regulations,
University Of Alberta,
Web Technology
Source:
University of Alberta

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Overview: That fundamental idea has been elaborated to understand better how merchants develop reputation, and seek to signal their good character to consumers and differentiate themselves from less scrupulous merchants. While economists generally find those ideas to be quite persuasive, many others are not convinced. Demands for government regulation are often motivated by the belief that unscrupulous merchants drive a market "To the bottom." As the demand for regulation in a post-Enron world is pondered, a basic question arises: Under what conditions is government regulation better at protecting market participants than private, evolving, market-driven protections? An intriguing answer to that question emerges if the authors examine a relatively unregulated area of market participant protection: e-commerce privacy.

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Format: PDF | Size: 389KB | Date: Jan 2004 | Pages: 4


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