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mdagenh1 mdagenh1
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Posts: 439
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5 years ago
The theory of regulatory behavior that predicts that the "regulators" eventually will become controlled by the "regulated" is called

• the asymmetric information hypothesis.

• the market failure hypothesis.

• the the share-the-gains, share-the-pains hypothesis.

• the capture hypothesis.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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wrote...
5 years ago
the capture hypothesis.
mdagenh1 Author
wrote...
5 years ago
Thanks
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