Privatisation et incitations

Jean-Jacques Laffont

Revue Économique, 1996, vol. 47, issue 6, 1239-1251

Abstract: [eng] We discuss the application of the usual arguments in favor or against privati­zation, in the case of a natural monopoly. Then, we give two classical examples of trade-offs -public - private ownership - in specific contexts of contractual incom­pleteness. Finally, we sketch a theory of privatization based on political economy considerations. [fre] Nous discutons l'application des arguments habituels avancés dans les débats sur la privatisation au cas d'un monopole naturel et nous montrons la nécessité du cadre théorique des contrats incomplets. Ensuite, nous présentons deux exemples classiques de choix entre monopole public ou privé dans des con­textes spécifiques d'incomplétude contractuelle. Enfin, nous esquissons une théo­rie de la privatisation fondée sur des considérations d'économie politique.

Date: 1996
Note: DOI:10.3406/reco.1996.409848
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Citations: View citations in EconPapers (5)

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