Tools
Tools
Crampes, Claude
and Estache, Antonio
(2023)
Efficiency vs. equity concerns in regulatory sandboxes.
TSE Working Paper, n. 23-1466, Toulouse
Preview |
Text
Download (988kB) | Preview |
Abstract
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.
| Item Type: | Monograph (Working Paper) |
|---|---|
| Language: | English |
| Date: | September 2023 |
| Place of Publication: | Toulouse |
| Uncontrolled Keywords: | Regulatory sandboxes, innovation, governance, anti-trust, regulation, efficiency, equity, quality standards |
| JEL Classification: | K20 - General K21 - Antitrust Law K23 - Regulated Industries and Administrative Law L12 - Monopoly; Monopolization Strategies L13 - Oligopoly and Other Imperfect Markets L15 - Information and Product Quality; Standardization and Compatibility L51 - Economics of Regulation O31 - Innovation and Invention - Processes and Incentives O33 - Technological Change - Choices and Consequences; Diffusion Processes |
| Subjects: | B- ECONOMIE ET FINANCE |
| Divisions: | TSE-R (Toulouse) |
| Institution: | Université Toulouse Capitole |
| Site: | UT1 |
| Date Deposited: | 11 Sep 2023 14:29 |
| Last Modified: | 15 Mar 2024 10:34 |
| OAI Identifier: | oai:tse-fr.eu:128459 |
| URI: | https://publications.ut-capitole.fr/id/eprint/48189 |
