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A Theory of Incentives in Procurement and Regulation

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A Theory of Incentives in Procurement and Regulation$72.40
More than just a textbook, A Theory of Incentives in Procurement and Regulation will guide economists' research on regulation for years to come. It makes a difficult and large literature of the new regulatory economics accessible to the average graduate student, while offering insights into the theoretical ideas not available elsewhere. Based on their pathbreaking work in the application of principal-agent theory to questions of regulation, Laffont and Tirole develop a synthetic approach, with a particular, though not exclusive, focus on the regulation of natural monopolies such as military contractors, utility companies, and transporation authorities. The book's clear and logical organization begins with an introduction that summarizes regulatory practices, recounts the history of thought that led to the emergence of the new regulatory economics, sets up the basic structure of the model, and previews the economic questions tackled in the next seventeen chapters. The structure of the model developed in the first chapter remains the same throughout subsequent chapters, ensuring both stability and consistency. The concluding chapter discusses important areas for future work in regulatory economics. Copyright (C) Muze Inc. 2005. For personal use only. All rights reserved.
Autor:Jean Tirole|Jean-Jacques Laffont
Más que sólo un libro de texto, una Teoría de Incentivos en Consecución y Regulación dirigirá la investigación de los economistas en la regulación durante años para venir. Hace una literatura difícil y grande de la nueva economía reguladora accesible al estudiante de graduado medio, ofreciendo a perspicacias en las ideas teóricas no disponible en otra parte. Basado en su trabajo de pathbreaking en la aplicación de la teoría de agente principal a preguntas de la regulación, Laffont y Tirole desarrollan un acercamiento sintético, con un detalle, aunque no exclusivo, concéntrese en la regulación de monopolios naturales como contratistas militares, compañías de utilidad, y autoridades transporation. La organización clara y lógica del libro comienza con una introducción que resume prácticas reguladoras, cuenta la historia de pensamiento que condujo a la aparición de la nueva economía reguladora, establece la estructura básica del modelo, y ve las preguntas económicas de preestreno abordadas en los diecisiete siguientes capítulos. La estructura del modelo desarrollado en el primer capítulo permanece el mismo en todas partes de capítulos subsecuentes, asegurando tanto la estabilidad como el consecuencia. El capítulo concluyente habla de áreas importantes para el futuro trabajo en la economía reguladora. Copyright (C) Muze Inc 2005. Para uso privado sólo. Reservados todos los derechos.Buy Now

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