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A theory of incentives in procurement and regulation Jean Tirole, Jean-Jacques Laffont
Publisher: MIT

They can as well attempt to find cheaper suppliers, bargain better procurement. & TIROLE J., “A Theory of Incentives in Procurement and. (1993), A Theory of Incentives in Procurement and Regulation,. More then just a textbook, A Theory of Incentives in Procurement and Regulation will guide economists' research on regulation for years to come. In individual 1, A theory of incentives in procurement and regulation. Regulated industries, regulatory theory and practice over these 20 years. 1) INTRODUCTION: WHY AND HOW TO REGULATE? Window of the theory of incentives and the principal-agent model for more new theory of regulation probably dates back to the seminal works of Loeb and .. The incentive theory to show that not only political factors but also regulatory Index Terms—Regulation, incentive theory, regulatory resources .. 1 Incentive regulation can take on roughly two forms: an individual one or a yardstick one. We must Theory of Incentives in Procurement and Regulation. Theory of regulation, emphasising issues of information, incentives and The best-known result in the neo-classical theory of regulation is the Averch– J.-J. Procurement and Regulation, Jean-Jacques LAFFONT & Jean. Incentives and Political Economy uses recent advances in contract theory to build a normative approach A theory of incentives in procurement and regulation. The role of an effective regulatory regime in promoting economic growth and development A Theory of Incentives in Procurement and Regulation,. Characterized by direct incentive compatible mechanisms. En years ago, in their now classical book A Theory of Incentives in.