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msouthern msouthern
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Posts: 481
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5 years ago
The "capture" in the capture hypothesis occurs because

• society doesn't care for regulatory agencies.

• regulators always know what is in society's best interest.

• regulators usually have been or will be associated with the industries they regulate.

• regulators try to promote everyone's best interest.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 63 times
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Brittany08196Brittany08196
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Posts: 368
5 years ago
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msouthern Author
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5 years ago
Thanks for your help!
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