A Theory of Incentives in Procurement and Regulation

Download or Read eBook A Theory of Incentives in Procurement and Regulation PDF 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.

Author	: Jean-Jacques Laffont
Publisher	: MIT Press
Total Pages	: 746
Release	: 1993
ISBN-10	: 0262121743
ISBN-13	: 9780262121743
Rating	: 4/5 (43 Downloads)

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Book Synopsis A Theory of Incentives in Procurement and Regulation by : Jean-Jacques Laffont

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.

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