Government-regulated economic analysis

Author: Yuan Chi-ping
Publisher:
Publish Date: 2005-08-01
Features: This book includes two main parts and six aspects of content: The first part is the fundamental theory section, which includes five chapters and ten chapters, primarily analyzing the boundary, operational mechanisms, and other aspects of government regulation from the perspective of resource allocation. The second part is the empirical analysis section, which includes one chapter and three chapters, primarily analyzing the actual operational mechanisms of government regulation from the perspective of regulatory hearings. The book's part argues that the relationship between government and the market in resource allocation has always been a fundamental issue in economic analysis. Traditional economic theory primarily adopts a two-part approach to analyze this issue, believing that in areas where the market succeeds, resource allocation should be handled by market mechanisms; while in areas where the market fails, the government should allocate resources. The second part, also known as the sixth part, is the mechanism design of government regulation. This part includes three chapters, primarily elaborating on the basic principles of government regulation and analyzing specific insurance fund practices. This part aims to examine the boundary of government regulation and the role of government in the market, as well as analyze the mutual relationship between regulatory agencies and market participants, and evaluate the welfare implications of regulatory activities.