the best piece I have seen on these issues is in Regulation. Here

http://www.cato.org/pubs/regulation/regv24n1/coate.pdf

Alex

--
Alexander Tabarrok Department of Economics, MSN 1D3 George Mason University Fairfax, VA, 22030 Tel. 703-993-2314

Web Page: http://mason.gmu.edu/~atabarro/
and
Director of Research The Independent Institute 100 Swan Way Oakland, CA, 94621 Tel. 510-632-1366


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