Government intervention in production and incentives theory : a review of recent contributions
Name
MIT-EL-87-019WP-19581905.pdf
Size
3.01 MB
Format
Adobe PDF
Checksum (MD5)
9bf07e44de436991d72b225786803120
Author(s)
Caillaud, Bernard
Date Issued
1987
Publisher
MIT Energy Lab
Series/Report no.
MIT-EL
87-019WP
Abstract
This paper reviews the recent literature on regulation under asymmetric
information. If first develops the conceptual framework and offers a reminder
of the techniques used in the field. It then applies the framework and
techniques to a variety of situations, with or without the use of accounting
data. Next, the analysis is extended to dynamics with or without commitment.
The paper concludes with desirable directions for research.
Subjects
Asymmetric information
Regulation
Public firms
Incentives
Auditing
Persistent DSpace Link
