A Theory Of Incentives In Procurement And Regulation
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A Theory of Incentives in Procurement and Regulation
Author | : Jean-Jacques Laffont |
Publisher | : MIT Press |
Total Pages | : 746 |
Release | : 1993 |
Genre | : Business & Economics |
ISBN | : 9780262121743 |
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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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