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Regulatory capture theory has a specific meaning, that is, an experience statement that regulations are beneficial for producers in real life. So it is essentially not a true regulatory theory. Although the analysis results are similar to the Stigler model, the methods are completely different.
The public interest theory of regulation claims that government regulation acts to protect and benefit the public. [1] The public interest is "the welfare or well-being of the general public" and society. [2] Regulation in this context means the employment of legal instruments (laws and rules) for the implementation of policy objectives.
Regulatory capture is the process through which a regulatory agency, created to act in the public interest, instead advances the commercial or special concerns of interest groups that dominate the industry it is meant to regulate. [2]
As a cybernetic approach the ground idea of an action/ activity is the regulation. [6] Between the visible work activity and the non visible cognitive processes is a gap, which the Action-Regulation-Theory promise to close. [7] [8] Through a hierarchical-sequential structured model, action steps are supposed to be accurately captured and analysed.
The regulatory mode theory depicts how people approach situations to achieve the goal. This theory is part of E. Tory Higgins research in motivation theories and goal pursuit theories. People can either use the locomotion or the assessment method for goal-pursuit.
Reversal theory is a structural, phenomenological theory of personality, motivation, and emotion in the field of psychology. [1] It focuses on the dynamic qualities of normal human experience to describe how a person regularly reverses between psychological states, reflecting their motivational style, the meaning they attach to a situation at a given time, and the emotions they experience.
Cognitive capture has alternative meanings in the social sciences. It is a type of: ... Inattentional blindness in the field of psychology. Regulatory capture in the ...
Regulatory focus theory (RFT) is a theory of goal pursuit [1]: 444 formulated by Columbia University psychology professor and researcher E. Tory Higgins regarding people's motivations and perceptions in judgment and decision making processes.