文档介绍：Governance Governance ? Created by the DOD. ? NSF spun off. ? 1992 – mercializes operation. ? Network Solutions, Inc. manages coding. ? 1997 – Phase out NSI monopoly. ? Create ICANN for oversight. Public Choice Issues Public Choice Issues ? Development of the has outpaced government regulation and taxation. ? Plenty of rent-seeking opportunities/behaviors: ? Taxation by foreign governments. ? In ., we have until 2014. ? NSI earning monopoly rents. ? ICANN and special interests. ? FCC involvement. Current Issues Current Issues ? Net neutrality. ? Another example of political rhetoric. ? SOPA. ? Raises the whole issue of what IP means. ? PIPA. ? Led to protests by Wiki, Google, et al. ? ACTA ? Is this just more of a war on trade? Environmental Policy Environmental Policy ? How do you treat externalities? ? Common law – nuisance & trespass. ? Since 1970s, federal, command & control. ? Treat as just a “ natural ” event? ? Coalitions often seem paradoxical. ? Miners (some) and environmentalists. ? High vs. low sulfur content coal. Public Choice Issues Public Choice Issues ? Consequence plicated rules: ? Prohibits business flexibility. ? Promotes activities of lawyers .? BTW, who passes these laws? ? Freezes current state of technology. ? If applied in a discriminatory fashion, retards economic improvement. ? New source standards. Rent Seeking Rent Seeking –– Clean Air Act Clean Air Act ? Environmentalists get legal standing. ? Existing firms get exemptions. ? New firms are discouraged from entering. ? Use of BAT can ’ t shut down a new plant! ? The plex the rules . . . ? The easier it is to hide business advantage. ? The more difficult to enforce, so the bigger their budget!! ECO 481: Public Choice Theory Week 10 Week 10 –– Case Studies: Case Studies: & Environment & Environment Dr. Dennis Foster