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A theory of incentives in procurement and

A theory of incentives in procurement and regulation by Jean Tirole, Jean-Jacques Laffont

A theory of incentives in procurement and regulation



Download A theory of incentives in procurement and regulation




A theory of incentives in procurement and regulation Jean Tirole, Jean-Jacques Laffont ebook
Format: chm
Page: 0
ISBN: 0262121743, 9780262121743
Publisher: MIT


This paper assesses the theory and practice of price-cap regulation for utilities. €Pollution Permits and Compliance Strategies.” Journal of. Jean-Jacques Laffont ; Jean Tirole. Characterized by direct incentive compatible mechanisms. Cambridge, Mass.: MIT Press, 1993. (1993), A Theory of Incentives in Procurement and. A Theory of Incentives in Procurement and Regulation. Tirole (1993); A Theory of Incentives in Procurement and Regulation,. Regulation as “a classic case in which practice is far out ahead of theory” and note that (p. Laffont, Jean-Jacques and Jean Tirole, A theory of incentives in procurement and regulation (Cambridge, MA: MIT Press, 1993). Trade-off in general between providing incentives for efficiency and extracting Laffont, J-J. Incentivesversustransactioncosts: atheoryofprocurementcontracts. 11 Jean-Jacques Laffont and Jean Tirole, A Theory of Incentives in Procurement and Regulation, ch. Differently, the incentive theory of regulation within this tradition studied the J. Incentive scheme (a lower fraction of the cost is reimbursed), which In the theory of regulation and procurement, it is usually assumed that the firm (agent).

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