Munich Personal RePEc Archive

Конкуренция саморегулируемых организаций и эффективность рынков

Bendikov, Mikhail and Kolesnik, Georgiy (2013): Конкуренция саморегулируемых организаций и эффективность рынков.

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Abstract

The effect of competition among self-regulatory organizations (SRO) on the efficiency of the corresponding goods and services markets is considered. It is shown that under certain conditions the competition among SRO worsens the quality of the goods and services and leads to decrease in consumers’ welfare. Moreover, the distinctive feature of the competition among SRO in comparison with other types of regulator competition is that even introduction of alternative government control does not improve the situation. The proposals are formulated for self-regulatory markets’ structure and conditions change in order to reduce negative effects of SRO competition.

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