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Unintended Consequences
How Regulation Changes Behaviour
Even regulations motivated by the best of intentions can have perverse secondary effects that generate significant costs.
Recognizing the possibility of negative unintended consequences, regulators must appreciate the role that incentives play in directing individuals’ actions. Even regulations motivated by the best of intentions can have perverse secondary effects that generate significant costs.
Read the article at Christopher Coyne's website.
Citation (Chicago Style)
Coyne, Christopher. "Unintended Consequences: How Regulation Changes Behaviour." Fraser Forum, July 2009, 16-17.
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