A Theory of Incentives in Procurement and Regulation
Author | : Jean-Jacques Laffont |
Publisher | : MIT Press |
Total Pages | : 746 |
Release | : 1993 |
ISBN-10 | : 0262121743 |
ISBN-13 | : 9780262121743 |
Rating | : 4/5 (743 Downloads) |
Download or read book A Theory of Incentives in Procurement and Regulation written by Jean-Jacques Laffont and published by MIT Press. This book was released on 1993 with total page 746 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on their work in the application of principal-agent theory to questions of regulation, Laffont and Tirole develop a synthetic approach to this field, focusing on the regulation of natural monopolies such as military contractors, utility companies and transportation authorities.