RT Monograph
SR 00
A1 Crampes, Claude
A1 Estache, Antonio
T1 Efficiency vs. equity concerns in regulatory sandboxes
YR 2023
FD 2023-09
VO 23-1466
SP 29
K1 Regulatory sandboxes
K1 innovation
K1 governance
K1 anti-trust
K1 regulation
K1 efficiency
K1 equity
K1 quality standards
AB The paper makes the case for a more systematic ex-ante assessment of the distribution of gains and losses from efficiency enhancing innovations that regulatory sandboxes are expected to test. It shows how a prior formal modelling of tests can inform the regulators on the possible need to control better upfront in the design of the sandbox for some otherwise underestimated but predictable distributional effects. Failing to do so is likely to lead to underestimate efficiency-equity trade-offs and other distributional issues, across stakeholders or within groups of stakeholders. Simple Industrial Organization models will often suffice to identify the potential issues at an early stage and allow better sandboxes designs and hence more reliable policy relevant results.
T2 TSE Working Paper
PB TSE Working Paper
PP Toulouse
AV Published
LK https://publications.ut-capitole.fr/id/eprint/48189/
UL http://tse-fr.eu/pub/128459