Regulatory economics: Regulatory economics is the application of economic principles to the design and evaluation of government regulations. It aims to ensure that regulations are effective, efficient, and consistent with economic principles. Regulatory economists use cost-benefit analysis, game theory, and behavioral economics. See also Behavioral economics, Costs, Benefit, Economic policies._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. |