To understand how the social media age reshapes concerns about capture, it is first helpful to understand how capture theory
The literatures on rent seeking, the capture theory
of regulation political entrepreneurship, and interest-group politics analyze how cronyism works, but because those literatures have developed relatively independently of one another, they have not been seen as components of a comprehensive theory of crony capitalism.
II, The Capture Theory
of Cosmical Evolution, a beautifully printed quarto of some 734 pages in which he sought to explain the intricacies of his cosmogony, or cosmology as we call it nowadays.
An Alternative to the Capture Theory
of Regulation: The Case of State Public Utility Commissions.
George Stigler, who first developed the Capture Theory
, cited occupational licensing as a prime example of market capture.
Contributors from technical, pharmaceutical, biological, and medical fields discuss such topics as conventional chemotherapeutic drug nano-particles for cancer treatment, nano-vehicles and high-molecular-weight delivery agents for boron neutron capture theory
, the critical analysis of cancer therapy using nano-materials, and colloidal systems for delivering anti-cancer agents in breast cancer and multiple myeloma.
For the past 35 years, the literature has presented two theories behind the use of mandatory licensure for professionals: (a) public interest theory and (b) capture theory
(also known as acquired theory; Pagliero, 2005; Stigler, 1971).
In the last article, Chambers and Crowley write about the current controversy concerning accounting abuses and the Sarbanes-Oxley Act's attempt to deal with the problem of principal/agent conflict or the capture theory
A similar case could be made for Nester's use of capture theory
as an explanation for policymaking in the area of natural resources.
One is the work on capture theory
, expressing the notion that state regulation is often explicable as a political response to lobbying by a well-organized interest group, frequently a producer cartel; this theory is consistent with the observation that regulation commonly benefits a selected group of parties at the expense of the general economy.