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A New Institutional Economics Perspective on Industry Self-RegulationA Concept of Demand for Industry Self-Regulation

A New Institutional Economics Perspective on Industry Self-Regulation: A Concept of Demand for... [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.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A New Institutional Economics Perspective on Industry Self-RegulationA Concept of Demand for Industry Self-Regulation

Sammeck, Jan
Springer Journals — Nov 5, 2011
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Publisher
Gabler Verlag
Copyright
© Gabler Verlag | Springer Fachmedien Wiesbaden GmbH 2012
ISBN
978-3-8349-3541-0
Pages
9 –46
DOI
10.1007/978-3-8349-3542-7_2
Publisher site
See Chapter on Publisher Site

Abstract

[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.]

Published: Nov 5, 2011

Keywords: Transaction Cost; Ethical Standard; Adverse Selection; Individual Firm; Member Firm

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