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Government Intervention in Production and Incentives Theory: A Review of Recent Contributions
Bernard J.-M. Caillaud (),
Roger Guesnerie () and
Jean Tirole , 1988, vol. 19, issue 1, pages 1-26
RAND Journal of Economics Abstract:
This article reviews the recent literature on regulation under asymmetric information. We first develop the conceptual framework and offer a reminder of the techniques used in the field. Then we apply the framework and techniques to a variety of situations -- with or without commitment. We conclude with a discussion of desirable directions for research.
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Persistent link: http://EconPapers.repec.org/RePEc:rje:randje:v:19:y:1988:i:spring:p:1-26
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