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Lecture Notes Text 14. A THEORY OF INCENTIVES IN PROCUREMENT. AND REGULATION. Jean-Jacques Laffont and Jean Tirole. MIT, Cambridge, London.
UNREGISTERED VERSION OF CHM TO PDF CONVERTER PRO BY THETA-SOFTWARE. title: A Theory of Incentives in Procurement and Regulation author:
6 Feb 2001 1.6 Leon Walras and the Regulation of Natural Monopolies . .. The starting point of incentive theory corresponds therefore to the problem of
Economics has much to do with incentives–not least, incentives to work hard, to produce quality Public Decision Making, A Theory of Incentives in Procurement and Regulation, and Competition in Telecommunications. Introduction [PDF]
The Theory of Incentives: The Principal-Agent Model . delegates authority to produce regulation to an agent (i.e. a ministry or other agencies). . Laffont and Martimort, 2001 ) the economic issues involved in procurement are mainly related toJean-Jacques Laffont, and Jean Tirole, A Theory of Incentives in Procurement and Regulation, MIT Press, 1993.
Third, he proved to be a forceful and influential policy advisor on regulation, competition .. A Theory of Incentives in Procurement and Regulation. MIT. Press.
More then just a textbook, A Theory of Incentives in Procurement and Regulation will guide economists’ research on regulation for years to come. It makes a
widespread respect and recognition for his breakthroughs in both theory (including public goods . A common application of incentive theory is to the regulation of natural monopolies. . A Theory of Incentives in Procurement and Regulation.
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