A Concept of Demand for Industry Self-Regulation

Jan Sammeck

Chapter 2 in A New Institutional Economics Perspective on Industry Self-Regulation, 2012, pp 9-46 from Springer

Abstract: Zusammenfassung To develop a theoretical concept for answering the question of when self-regulation can reduce socially undesired practices of firms demands that one identifies the dynamics underlying the interaction of those who intend to self-regulate. This in turn requires having an understanding of what is meant by self-regulation and what motivates those who self-regulate to do so. While the first being a matter of defining the unit of analysis, the latter requires to derive from theoretical assumptions the cause for demand that can be attributed to firms.

Keywords: Transaction Cost; Ethical Standard; Adverse Selection; Individual Firm; Member Firm (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-8349-3542-7_2

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DOI: 10.1007/978-3-8349-3542-7_2

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