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Encyclopedia of Law and Economics pp 1787–1795Cite as

Regulatory Competition

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Abstract

Regulatory competition describes the activity of private or public lawmakers who intend to produce novel or alter current legislation in response to competitive pressure from other private or public lawmakers. In this chapter, we provide an overview of the legal arbitrage tactics of various entities, which are a necessary, though not sufficient, condition for regulatory competition. Moreover, we investigate whether and how lawmakers respond to these endeavors by adapting their national corporate, insolvency, capital markets, and environmental law as well as product standards.

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Author information

Authors and Affiliations

  1. School of Business, Economics and Social Sciences, University of Hamburg, Hamburg, Germany

    Katrin Gödker

  2. Department of Economics, Trier University, Trier, Germany

    Lars Hornuf

  3. CESifo, Max Planck Institut for Innovation and Competition, Munich, Germany

    Lars Hornuf

Authors
  1. Katrin Gödker
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  2. Lars Hornuf
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Corresponding author

Correspondence to Katrin Gödker .

Editor information

Editors and Affiliations

  1. MRE and University of Montpellier, Montpellier, France

    Alain Marciano

  2. Faculté d’Economie, Université de Montpellier and LAMETA-UMR CNRS, Montpellier, France

    Alain Marciano

  3. DiGSPES, University of Eastern Piedmont, Alessandria, Italy

    Giovanni Battista Ramello

  4. IEL, Torino, Italy

    Giovanni Battista Ramello

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Gödker, K., Hornuf, L. (2019). Regulatory Competition. In: Marciano, A., Ramello, G.B. (eds) Encyclopedia of Law and Economics. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-7753-2_703

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