REGULATORY CAPTURE THEORY Capture theory assumes‚ firstly‚ that all members of society are economically rational. Therefore‚ each individual will pursue his or her self-interest to the point where the private marginal benefit from lobbying regulators just equals the private marginal cost. Regulation has the potential to redistribute the wealth. Therefore‚ people lobby for regulations that increase their wealth. Second‚ the capture view assumes‚ as with public-interest theory‚ that the government
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Morgan Bennett Mr. Harris History Honors- Per 5 April 2001 The Securities and Exchange Commission In 1934 the Securities Exchange Act created the SEC (Securities and Exchange Commission) in response to the stock market crash of 1929 and the Great Depression of the 1930s. It was created to protect U.S. investors against malpractice in securities and financial markets. The purpose of the SEC was and still is to carry out the mandates of the Securities Act of 1933: To protect investors and maintain
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The Decision of Pro-Nuclear Energy- Why Is Going Pro The Right Choice? In the world today‚ we are so lucky to have all the advancements we do. To me‚ this is the age of advancements; changes‚ the world is more than ready for. With technology at such an outstanding peak and the economy at more of a hault than other times‚ why not make a couple changes to help progess and improve issues of America? We humans need food as the world needs nuclear energy; the food helps us become healthy and grow
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Nuclear Chemistry Nuclear science is the study of sub-atomic particles and their function in various subjects. A nucleon is the collective name for the two components of the atomic nucleus: the neutron and the proton. Isotopes are any of the different forms of an element each having different mass numbers‚ which give the total number of nucleons. The major fundamentals of nuclear chemistry include radioactive decay‚ the nature of fission and fusion‚ and mass defect. The decomposition of the
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Nuclear Power After reading the article on Nuclear power industry feels the wind at its back by Barbara Wall. I realize that it was mainly focused on the environment and high-energy prices. Aft First of all I wanted to learn more about the environment effects‚ and I found out that the Nuclear Power has huge effect on the environment. For example the article mention the nuclear accident that happened in Ukraine on April 26‚ 1986. Millions of Europeans were affected by this explosion and fire
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CHAPTER 1 THE PROBLEM AND ITS SETTING NUCLEAR ENERGY AS AN ALTERNATIVE POWER SOURCE: THE PHILIPPINE SETTING The study is all about the prospects of Nuclear energy as an alternative source of power in the Philippines. The country is experiencing high-cost payment in electricity bills in the past years and tend to even grow more costly. Since the topic is Nuclear energy‚ the study as well will take up the future perspectives of the Bataan Nuclear Power Plant as the main reactor or will just resemble
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after the second World War some countries have revised their nuclear weapons programme‚ nuclear weapons still today are considered to be an established currency of politics and security. While the nuclear weapons states have agreed on a legally binding commitment to nuclear disarmament‚ they continue to rely heavily on such weapons in their security doctrines and continue to invest and modernise their arsenals. The way towards nuclear disarmament has many different paths and there are several approaches
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that can be met by conventional energy sources. The solution to long term energy source is the nuclear powered batteries which have a life span of few decades and can pack in energy densities thousands of time greater than conventional battery sources. Hence‚ there is an urgent need to harvest enormous amount of energy released naturally by the tiny bits of radioactive material. Unlike conventional nuclear power generating devices‚ these batteries do not rely on the fission or fusion reactions and
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Define regulatory arbitrage. Briefly discuss the new capital buffer requirements proposed under Basel 3. Regulatory Arbitrage This is a practice whereby firms capitalize on loopholes in regulatory systems in order to circumvent unfavourable/unprofitable regulation. Arbitrage opportunities may be accomplished by a variety of tactics‚ including restructuring transactions‚ financial engineering and geographic relocation. For example‚ a company may relocate its headquarters to a country with lower tax rules and favourable regulatory policies to
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The Election Commission of India The Election Commission of India is an autonomous‚ constitutionally established federal authority responsible for administering all the electoral processes in the Republic of India. Under the supervision of the commission‚ free and fair elections have been held in India at regular intervals as per the principles enshrined in the Constitution. The Election Commission has the power of superintendence‚ direction and control of all elections to the Parliament of India and
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