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A theory of incentives in procurement and regulation Jean Tirole, Jean-Jacques Laffont
Publisher: MIT

(1993) A Theory of Incentives in Procurement and Regulation,. Incentives versus transaction costs: a theory of procurement contracts. *FREE* super saver shipping on qualifying offers. A Theory of Incentives in Procurement and Regulation [Jean-Jacques Laffont, Jean Tirole] on Amazon.com. Tirole (1993), 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. In recent years, price-cap regulation, which gives firms better incentives for . Laffont and Tirole (1993, A theory of incentives in procurement and regulation, MIT Press, Cambridge, MA) introduced 'favorableness' to compare two distribu. Public regulation/procurement borrowed from Laffont & Tirole (1993). (1993) A theory of incentives in procurement and regulation. Laffont, Jean-Jaque; Tirole, Jean (1993), A Theory of Incentives in Procure-. 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). Economic regulation; incentives; asymmetrical information; regulatory . Jean-Jacques Laffont ; Jean Tirole. Theories of business regulation to regulation inside government, this article suggests that the current A theory of incentives and procurement in regulation . Keywords : Procurement Bidding, Linear Incentive Contracts, Fixed-Price .. A Theory of Incentives in Procurement and Regulation. FERC, Policy Statement On Incentive Regulation, 1992. Laffont, J.J., and Tirole, J., 1993, A Theory of Incentives in Procurement and Regulation, The MIT. Laffont and Tirole, A Theory of Incentives in Procurement and Regulation, MIT, 1994.