Recent Developments in the Theory of Regulation
This chapter reviews recent theoretical work on the design of regulatory policy, focusing on the complications that arise when regulated suppliers have better information about the regulated industry than do regulators. The discussion begins by characterizing the optimal regulation of a monopoly sup...
| Main Authors: | , |
|---|---|
| Format: | Book section |
| Language: | English |
| Published: |
Elsevier
2007
|