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George stigler is closely associated with the , which says public interest theory of regulation; regulators work hard to benefit the public interest O capture
George stigler is closely associated with the , which says public interest theory of regulation; regulators work hard to benefit the public interest O capture hypothesis; regulatory agencies are "captured" by the special interests of the industry that are being regulated capture hypothesis; eventually the public "captures" the benefits of regulation through lower prices O public interest theory or regulation; the public is dissatisfied with the efforts of the regulatory agencies but can do little about this situation
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