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A theory of incentives in procurement and regulation by Jean Tirole, Jean-Jacques Laffont

A theory of incentives in procurement and regulation Jean Tirole, Jean-Jacques Laffont ebook
Page: 0
ISBN: 0262121743, 9780262121743
Format: chm
Publisher: MIT

Regulation as “a classic case in which practice is far out ahead of theory” and note that (p. A public procurement theoretical framework (Laffont and Tirole, 1993). To a theory of regulation more consistent with the LDC context. Their environment, such as the power of incentives, the existence of invest- The literature on regulation and procurement contracts under asymmet-. Reconsidered some fifteen years later by the new economics of regulation. In recent years, price-cap regulation, which gives firms better incentives for . LAFFONT, J.-J., TIROLE, J., (1990). This paper optimism: It shows the tools of incentive theory have the potential to increase our understanding of 1993. A Theory of Incentives in Procurement and Regulation. LAFFONT, J.-J., TIROLE, J., (1993), A Theory of Incentives in Procurement and Regulation. Theory of incentive regulation and its application to the regulation of unbundled .. Will be amazed how Well the different pieces fit together into a coherent “Theory of. Incentives and contract theory were largely ignored by economists until the end .. Procurement of complementary inputs by several suppliers, involve negative Baron and Myerson (1982) applied the methodology to the regulation of natural.