The Blind Spots of Quasi-market Regulators

While quasi-markets should be regulated, in practice regulation may be problematic for market designers because of the competing interests and values involved. This article outlines and problematizes the regulatory process for quasi-markets by focusing on the choices and actions of the regulator (i.e., the public organization). The article concludes that market designers act in different ways based on their different points of reference. These reference points may differ, not only between quasi-market designers but also for the individual quasi-market designer over time. The quasi-market designer may therefore exhibit blind spots because some aspects of operations are in focus in the regulation process, but others may be neglected.

Gustaf KastbergEmail: