A Theory of Incentives in Procurement and Regulation

by Jean-Jacques Laffont and Jean Tirole

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.

More then just a textbook, A Theory of Incentives in Procurement and Regulation will guide economists' research...

• Format: Hardcover
• Language: English
• ISBN: 0262121743
• ISBN13: 9780262121743
• Release Date: March 1993
• Publisher: MIT Press
• Length: 732 Pages
• Weight: 3.74 lbs.
• Dimensions: 1.9" x 7.3" x 10.2"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher