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Keywords:

  • industry regulation;
  • partial industry regulation;
  • randomized regulation;
  • responsive regulation;
  • tradable licenses

Abstract

In this comment, I try to do three things: (i) set the record straight about the disproportionate contributions of my co-author; (ii) briefly comment on the excellent articles by Etienne, Ford, and Westerman in this special issue; and (iii) describe how the Responsive Regulation concept of partial-industry regulation might usefully be extended to tradable licenses and randomized regulation experiments.