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… interest theories center on the idea that those seeking to institute or develop regulation do so in pursuit of public Proponents of regulation are thus seen as acting as benevolent agents fo Regarding results, the … interest perspective is prone to attack on the basis that regulation often seems to fail to A second broad approach to regulation stresses the extent to which regulatory developments are driven not by the pursuit of public interest but by the The economic theory of regulation builds on the assumption that actors are not inherently self-regarding and orientated at maximizin