Government intervention in production and incentives theory : a review of recent contributions

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 account...

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Main Author: Caillaud, Bernard
Format: Working Paper
Language:en_US
Published: MIT Energy Lab 2005
Subjects:
Online Access:http://hdl.handle.net/1721.1/27204
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author Caillaud, Bernard
author_facet Caillaud, Bernard
author_sort Caillaud, Bernard
collection MIT
description 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.
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spelling mit-1721.1/272042019-04-12T08:38:41Z Government intervention in production and incentives theory : a review of recent contributions Caillaud, Bernard Asymmetric information Regulation Public firms Incentives Auditing 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. National Science Foundation, the Commissariat Général du Plan, and the Center for Energy Policy Research at M.I.T. 2005-09-15T13:47:19Z 2005-09-15T13:47:19Z 1987 Working Paper 19581905 http://hdl.handle.net/1721.1/27204 en_US MIT-EL 87-019WP 3159017 bytes application/pdf application/pdf MIT Energy Lab
spellingShingle Asymmetric information
Regulation
Public firms
Incentives
Auditing
Caillaud, Bernard
Government intervention in production and incentives theory : a review of recent contributions
title Government intervention in production and incentives theory : a review of recent contributions
title_full Government intervention in production and incentives theory : a review of recent contributions
title_fullStr Government intervention in production and incentives theory : a review of recent contributions
title_full_unstemmed Government intervention in production and incentives theory : a review of recent contributions
title_short Government intervention in production and incentives theory : a review of recent contributions
title_sort government intervention in production and incentives theory a review of recent contributions
topic Asymmetric information
Regulation
Public firms
Incentives
Auditing
url http://hdl.handle.net/1721.1/27204
work_keys_str_mv AT caillaudbernard governmentinterventioninproductionandincentivestheoryareviewofrecentcontributions