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dc.contributor.authorHaucap, Justusen_US
dc.contributor.authorLange, Mirjam R. J.en_US
dc.contributor.authorWey, Christianen_US
dc.date.accessioned2012-07-05en_US
dc.date.accessioned2012-07-09T16:13:44Z-
dc.date.available2012-07-09T16:13:44Z-
dc.date.issued2012en_US
dc.identifier.isbn978-3-86304-627-9en_US
dc.identifier.urihttp://hdl.handle.net/10419/59578-
dc.language.isogeren_US
dc.publisherDICE Düsseldorfen_US
dc.relation.ispartofseriesDICE ordnungspolitische Perspektiven 27en_US
dc.subject.ddc330en_US
dc.titleNemo Omnibus Placet: Exzessive Regulierung und staatliche Willküren_US
dc.typeWorking Paperen_US
dc.identifier.ppn718944887en_US
dc.description.abstracttransThis paper develops the hypothesis that the inclusion of multiple objectives into laws widens the discretionary powers of executive institutions. As the decision how to balance trade-offs is removed from the political to the executive sphere, policy making becomes less transparent and also less accountable. While including numerous objectives into law may serve as an acknowledgement to the various interests of a heterogeneous citizenry, the pursuit of conflicting objectives implies that public bureaucracies instead of parliaments are given powers to decide about trade-offs. We conjecture that a bureaucracy that has multiple objectives will be less accountable and, therefore, (i) use its instruments excessively and (ii) favor instruments that are effective in the short run, but may be harmful in the long run. We illustrate our hypotheses, analyzing (a) the increasing number of objectives enshrined in Germany's Energy Industry Law and (b) the conflict between the European Commission and the German Government about potential regulatory holidays for new infrastructure investment in telecommunications markets.en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:diceop:27-
Appears in Collections:DICE Ordnungspolitische Perspektiven, Düsseldorf Institute for Competition Economics (DICE)

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