A Theory of Incentives in Procurement and Regulation

by Jean-Jacques Laffont and Jean Tirole

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Based on their pathbreaking work in the application of principal-agent theory to questions of regulation, Laffont and Tirole develop a synthetic approach, with a particular, though not exclusive, focus on the regulation of natural monopolies such as military contractors, utility companies, and transportation authorities.

More then just a textbook, A Theory of Incentives in Procurement and Regulation will guide economists' research...

Format:Hardcover

Language:English

ISBN:0262121743

ISBN13:9780262121743

Release Date:March 1993

Publisher:MIT Press

Length:732 Pages

Weight:3.74 lbs.

Dimensions:1.9" x 7.3" x 10.2"

Age Range:18 years and up

Grade Range:Postsecondary and higher

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A Theory of Incentives in Procurement and Regulation

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