Government Intervention in Production and Incentives Theory: A Review of Recent Contributions

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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Year of publication:	1988
Authors:	Caillaud, B. ; Guesnerie, R. ; Rey, P. ; Tirole, J.
Published in:	RAND Journal of Economics. - The RAND Corporation, ISSN 0741-6261. - Vol. 19.1988, 1, p. 1-26
Publisher:	The RAND Corporation

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005357019