(3.) Richard Posner has argued that there are some deficiencies in the political scientist's capture theory
: this explanation "do[es] not tell us why some interests are effectively represented in the political process and others not, or under what conditions interest groups succeed or fail in obtaining favorable legislation" (1974, 341).
To understand how the social media age reshapes concerns about capture, it is first helpful to understand how capture theory
See was critical of the planetesimal hypothesis, as it was known, and in 1909 attacked it in terms that drew a sharp response from Moulton, implying amongst other things that See, one of his former teachers at Chicago, had plagiarised his work; a charge he reiterated with biting sarcasm in a 1912 February critique 'Capture theory
and capture practice', published in Popular Astronomy.
An Alternative to the Capture Theory
of Regulation: The Case of State Public Utility Commissions.
Economic Theory of Regulation / Capture Theory
. Inherent flaws in the Public Interest Theory spawned the development of the Capture Theory
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
In other words, in addition to responding to the external demands imposed by various potential interest groups (e.g., as is Stigler's Capture Theory
), policymakers also may be motivated by more selfish internal reasons (e.g., the desire to make "good public policy" or to advance their personal political careers).
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.
Syozo Osawa has written a fascinating book which provides a compelling answer in the form of the "Osawa-Jukes codon capture theory
." However, the book goes beyond the codon capture theory
, summarizing much of what is known about the genetic code and those aspects of translation that help understand codon usage, G-C percentage, and code evolution.
What have the capture theory
proponents advocated as alternatives to traditional regulation?