Government Regulatory Influence on Market Dynamics in the Platform Economy
With the rapid rise of the sharing economy industry,traditional government regulatory approa-ches are facing challenges,and there is an urgent need for supervision innovation to adapt to the changes brought by the information society.This study examines the impact of government regulations on the changes of the ride-hailing market at different stages by using the case study of ride-hailing service.s.By combining reg-ulatory economics and government capture theories,a"competition-regulation"explanation framework is con-structed.The research reveals that governments adopt different strategies to strengthen or weaken their regula-tion in the dynamic changes of regulation costs and enterprise transaction costs.In the early stages when market rules are not yet mature,both strengthening and weakening regulation are difficult to enhance the public inter-est.However,when stable informal rules are formed among market participants,the government can effectively intervene and adopt a mixed regulatory strategy to regulate market order.This intervention effectively trans-forms potential"government capture"into cooperative regulation,reflecting the"atypical capture"model in the regulation field of China.This model shows the flexibility and innovation capability of government in the new economic form,providing important experience to deal with the challenges brought by the new industry in sharing economy.
government regulationplatform economygovernment captureride-hailing service
万方数据
维普
