As firms find it more economically beneficial to invest in research and development, the cost of control technology will decrease. ... However, this forcing of responsibility does not distribute costs in any efficient way and can easily generate an unfair advantage for those firms in a position of lower cost reduction. ... There are still transaction costs associated with corporate trading, but because it is in the best interest of the firms they are less than those involving the government. ... Netting acts as a relief from regulation by allowing firms to escape particular requirements as ...

• Word Count: 1840
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate