Captured Agency in the United States
Concept of Captured Agency
In the U.S., in the context of Political Economy and Public Policy, Captured Agency has the following meaning: A theory describing the relationship between an executive agency and the private interests that it regulates as one where private entities “capture” the agency by being the strongest voice of influence in its decisions. The theory suggests the result that agencies often serve private interests rather than the public interest. (Source of this definition of Captured Agency : University of Texas)
Captured Agency
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See Also
- Political Economy
- Public Policy