https://laweconcenter.org/resources/regulation-by-bad-proxy-how-selective-application-of-transaction-cost-economics-tainted-the-ftcs-proposed-ban-of-employee-noncompete-agreements/
Regulation by (Bad) Proxy: How Selective Application of Transaction Cost Economics Tainted the...
Jul 7, 2025 - Abstract Agencies have imperfect information about conduct they regulate. This problem is particularly acute when identical conduct has differing effects
transaction cost economicsregulationbadproxyselective