
A Theory of Incentives in Procurement and Regulation
Jean-Jacques Laffont
Jean Tirole
description
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.
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pages
746
Year published
1993
Publisher
MIT Press
Issn
0-262-12174-3
Language
en