RT Journal Article
SR 00
ID 10.1080/17487870.2025.2463660
A1 Crampes, Claude
A1 Estache, Antonio
T1 Efficiency vs. distributional concerns in regulatory sandboxes
JF Journal of Economic Policy Reform
YR 2025
FD 2025-02
SP 1
OP 26
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 systematic ex-ante assessment of the distributional impact of efficiency enhancing innovations regulatory sandboxes are expected to test. It shows how their prior formal modeling can inform on the possible need to control in the sandbox design for otherwise underestimated but predictable distributional effects. Failing to do so is likely to lead to underestimate efficiency-equity trade-offs and other distributional issues. This may influence the political sustainability of otherwise potentially welfare enhancing innovations. Simple industrial organization models will often suffice to identify the potential issues at the design stage
PB Routledge
SN 1748-7870
LK https://publications.ut-capitole.fr/id/eprint/50544/
UL http://tse-fr.eu/pub/130349