A case study with google data: parallels of doping regulation in cycling and banking regulation in finance
- This article analyses and compares the performance of regulators in the fields of finance and sport, especially cycling. I hypothesize that the courses of crises or scandals is the best time to study the lessons of regulatory response. First, I take into account the differences in both finance and cycling by looking at the nature of the rules and institutions governing the field. Second, I estimate the attention effect on new regulation in response to crises or scandals. The interest of the paper is in the alignment of incentives to prevent regulatory capture and to ensure accountability and enforceability. The paper concludes that the differences hold important lessons that call for the reform of rules and institutions governing finance and cycling alike.
Author of HS Reutlingen | Herzog, Bodo |
---|---|
URN: | urn:nbn:de:bsz:rt2-opus4-11132 |
URL: | http://article.sapub.org/10.5923.j.economics.20160601.08.html |
ISSN: | 2166-4951 |
eISSN: | 2166-496X |
Erschienen in: | American journal of economics |
Publisher: | Scientific & Academic Publishing |
Place of publication: | Rosemead, Calif. |
Document Type: | Journal article |
Language: | English |
Publication year: | 2016 |
Tag: | crises; cycling; finance; regulation; scandals |
Volume: | 6 |
Issue: | 1 |
Page Number: | 11 |
First Page: | 61 |
Last Page: | 71 |
DDC classes: | 330 Wirtschaft |
Open access?: | Ja |
Licence (German): | Creative Commons - CC BY - Namensnennung 4.0 International |