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- W3162876005 abstract "A self-regulatory organization (SRO) is a non-governmental organization owned and operated by its members, with the power to create and enforce industry regulations and standards for its members. A key question is whether oversight by an SRO can replace governmental oversight, or whether supplementary governmental oversight is necessary. Using a formal model for the financial sector, and solving simultaneous games, I show that a lack of commitment by the SRO may necessitate governmental oversight of both SRO members and the SRO itself. The core of the model is supported by economics experiments." @default.
- W3162876005 created "2021-05-24" @default.
- W3162876005 creator A5003148175 @default.
- W3162876005 date "2020-01-01" @default.
- W3162876005 modified "2023-09-26" @default.
- W3162876005 title "Self-Regulation and Governmental Oversight: A Theoretical and Experimental Study" @default.
- W3162876005 doi "https://doi.org/10.2139/ssrn.3734310" @default.
- W3162876005 hasPublicationYear "2020" @default.
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