How Do Private Interest Theory Deal With Regulation Differently

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How do public-interest theory and private interest theory deal with regulation differently? With public-interest theory regulations are supplied inn response to demands of the public because of inefficient or inequitable market practices. The regulations are to benefit society as a whole and not the private interest of the regulators. With private interest theory people pursue their private interest in the regulatory arena with the same gusto they display in pursing individual interest in the private sector. The government uses authority to redistribute income form one group to another. What is your personal framework for how and when to regulate markets? I have never thought much about how we should regulate markets. I do not think that