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A Theory of Incentives in Procurement and Regulation

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A Theory of Incentives in Procurement and Regulation - Laffont, Jean-Jacques, and Tirole, Jean, and Laffont, Colette (Contributions by)
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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 particular, though not exclusive, focus on the regulation of natural monopolies such as military contractors, utility companies, and transportation authorities.

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A Theory of Incentives in Procurement and Regulation 1993, Mit Press, Cambridge

ISBN-13: 9780262121743

Hardcover