Midlands State University Library

Regulator heterogeneity and endogenous efforts to close the information asymmetry gap (Record no. 164100)

MARC details
000 -LEADER
fixed length control field 02031nam a22003017a 4500
003 - CONTROL NUMBER IDENTIFIER
control field ZW-GwMSU
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20240305093418.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 240305b |||||||| |||| 00| 0 eng d
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER
International Standard Serial Number 00222186
040 ## - CATALOGING SOURCE
Original cataloging agency MSU
Language of cataloging English
Transcribing agency MSU
Description conventions rda
050 ## - LIBRARY OF CONGRESS CALL NUMBER
Classification number HB73 JOU
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Macher, Jeffrey T.
Relator term author
245 ## - TITLE STATEMENT
Title Regulator heterogeneity and endogenous efforts to close the information asymmetry gap
Statement of responsibility, etc. by Jeffrey T. Macher, John W. Mayo and Jack A. Nickerson
264 ## - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE
Place of production, publication, distribution, manufacture Chicago:
Name of producer, publisher, distributor, manufacturer University of Chicago Press;
Date of production, publication, distribution, manufacture, or copyright notice 2011
336 ## - CONTENT TYPE
Source rdacontent
Content type term text
Content type code txt
337 ## - MEDIA TYPE
Source rdamedia
Media type term unmediated
Media type code n
338 ## - CARRIER TYPE
Source rdacarrier
Carrier type term volume
Carrier type code nc
440 ## - SERIES STATEMENT/ADDED ENTRY--TITLE
Title Journal of law and economics
Volume/sequential designation Volume 54, number 1
520 ## - SUMMARY, ETC.
Summary, etc. The now standard principal-agent model of regulator-firm interactions typically assumes the presence of a single regulator and an exogenously determined information asymmetry between the principal and the agent. In this paper we draw upon a unique data set of regulatory inspections conducted by the U.S. Food and Drug Administration (FDA) to explore the consistency of these assumptions with the actual practice of regulators. We find that the canonical assumptions of the agency paradigm are strained by, if not altogether inconsistent with, the key practical realities of regulation by the FDA. Our analysis uncovers several dimensions along which regulators actively and endogenously seek to close the information asymmetry gap. We also find considerable regulator heterogeneity, which in turn depends in part upon the specific training and experience of individual regulators
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Administrative agencies
Form subdivision Advertising restrictions
General subdivision Commercial regulation
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Drug design
Form subdivision Drug regulation
General subdivision Economic regulation
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Industrial regulation
Form subdivision Information asymmetry
General subdivision Manufactured products
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Manufacturing processes
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Mayo, John W.
Relator term co author
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Nickerson, Jack A.
Relator term co author
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier https://doi.org/10.1086/658484
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Library of Congress Classification
Koha item type Journal Article
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Serial Enumeration / chronology Total Checkouts Full call number Date last seen Copy number Price effective from Koha item type Public note
    Library of Congress Classification     Main Library Main Library - Special Collections 22/09/2011 Vol. 54, no.1 (pages 25-54)   HB73 JOU 05/03/2024 SP9486 05/03/2024 Journal Article For In House Use Only