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333, 350 (1988) (arguing that interjurisdictional competition is efficiency-enhancing); Ogus, supra note 122, at 406 (arguing against the position that "convergence of national laws (at least in the business sphere) is invariably desirable and that, if necessary, it should be promoted by mandatory harmonisation"); Charles Tiebout, A Pure Theory of Local Expenditures, 64 J.
3) See, for example, Cox and Foster (1990), OFT (2001, 2003), Indecon and London Economics (2003), Paterson, Fink, Ogus et al (2003), European Commission (2004), Competition Bureau (2007) and OECD (2007, 2009).
44, 44-45 (1983); WIKELEY & OGUS, supra note 98, at 716.
This outcome is supported by a number of empirical studies for other developing countries including Manteu (1997) for Portugal, Adedeji (2001) for Nigeria, Landeau (2002) for Chile, Ogus and Niloufer (2006) for Turkey, Goh (2007) for Malaysia and Lau, et al.
6) Anthony I Ogus, Regulation: Legal Form and Economic Theory (Hart Publishing, 2004) 111.
Following Anthony Ogus, I consider regulation to refer to legal intervention designed to induce individuals and firms to take action and achieve outcomes that they would not voluntarily undertake or achieve.
20) Ogus identifies the role played by the criminal justice system in the regulatory enforcement process, comparing the systems of regulatory enforcement with and without recourse to the criminal justice system.
111) ogus rightly pointed at the fact that one should be careful with paternalistic interventions based on cognitive biases since notwithstanding the biases there may still be welfare maximization and hence no need for regulatory intervention.
the Acton Institute's Samuel Gregg exploring the natural-law basis for free markets; Institute of Economic Affairs fellow Cento Veljanovski examining the connection between the common law and wealth; University of Manchester professor Anthony Ogus tackling the problem of fitting regulation into a theory of markets; and University of Buckingham philosopher Norman Barry focusing on economic rights, especially the pernicious effect of treating these rights as less important than civil and political rights in modern legal systems.
Ogus (2007), "Economic impact of regulation in the field of liberal professions in different member states", European Network of Economic Policy Research Institutes Working Papers, No.