Titlebook: A New Institutional Economics Perspective on Industry Self-Regulation; Jan Sammeck Book 2012 Gabler Verlag | Springer Fachmedien Wiesbaden

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An Introduction to Basic Fourier Seriestegic interaction between self-interested individuals,..and interprets institutions as equilibrium states. Under the institutions-asequilibria approach it is argued that “institutions induce choices that are regularized because they are made in equilibrium. In equilibrium, no actor would unilaterall

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Bayesian Inference and Decision Theory,wledge refers to information about the type of incentives prevailing in the industry in question. By interpreting it with the theory developed here, it explains why certain incentives lead to certain actions of firms, and how this influences the design of rules in a self-regulation regime. Consequen

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Some Common Problems in Inference,d as unethical when some (or all) of the parts of society in which these firms are embedded in feel that these practices violate their moral norms and standards. If an industry or parts thereof now try to eliminate these practices “from within”, that is, by introducing policy that is solely formulat

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Jan SammeckSelf-regulation as a means of mitigating socially undesirable practices in industries

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with practical examples of self-regulation, this study highlights the necessity to look at the institutional incentives of an industry, in order to come to a sound judgement about the feasibility and effectiveness of this instrument in a given situation.978-3-8349-3541-0978-3-8349-3542-7

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mitigating socially undesirable practices in industries - such as corruption, environmental degradation, or the violation of human rights - is receiving substantial consideration in theory and practice. By approaching this phenomenon with the theory of the New Institutional Economics, Jan Sammeck d

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Bayesian Inference and Decision Theory,t explains why certain incentives lead to certain actions of firms, and how this influences the design of rules in a self-regulation regime. Consequently, the method in which these cases are developed follows the logic of providing examples for how contextual knowledge should be interpreted by the proposed concept.

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