The page uses Browser Access Keys to help with keyboard navigation. Click to learn moreSkip to Navigation

Different browsers use different keystrokes to activate accesskey shortcuts. Please reference the following list to use access keys on your system.

Alt and the accesskey, for Internet Explorer on Windows
Shift and Alt and the accesskey, for Firefox on Windows
Shift and Esc and the accesskey, for Windows or Mac
Ctrl and the accesskey, for the following browsers on a Mac: Internet Explorer 5.2, Safari 1.2, Firefox, Mozilla, Netscape 6+.

We use the following access keys on our gateway

n Skip to Navigation
k Accesskeys description
h Help
American University Washington College of Law    
 
    
 
  Nov 18, 2017
 
2017-2018 Catalog

LAW - 872 Regulatory Law and Policy


(2 hrs.)

Considers business regulation as a way to address market failures, including natural monopoly, externalities, or problems arising from costly or asymmetric information. The course focuses on pros and cons of alternative strategies for dealing with each type of market failure, including rate (price) regulation, incentive regulation (price caps), entry regulation, and deregulation in favor of competition. Although the course will employ economic analysis to evaluate how well various regulatory strategies solve market failures, it will go beyond the economics to look at the political and legal constraints limiting agency discretion and the way those constraints have changed over time. It also will analyze the costs and benefits of alternative strategies for addressing distributional issues like lifeline rates and universal service.