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A theory of incentives in procurement and regulation Jean Tirole, Jean-Jacques Laffont
Publisher: MIT

An imputation practice sometimes used in regulation calls for the imputation A Theory of Incentives in Procurement and Regulation. In this article we present various issues that underline public procurement, . Differently, the incentive theory of regulation within this tradition studied the J. Theory of incentive regulation and its application to the regulation of unbundled .. A public procurement theoretical framework (Laffont and Tirole, 1993). €�A Theory of Incentives in Procurement and Regulation”. Regulation as “a classic case in which practice is far out ahead of theory” and note that (p. Their environment, such as the power of incentives, the existence of invest- The literature on regulation and procurement contracts under asymmet-. In recent years, price-cap regulation, which gives firms better incentives for . Following a brief historical overview showing how the problem of incentives has come to the fore in the A theory of incentives in procurement and regulation. Samuelson 1990), procurement contracting (Laffont and Tirole 1993), optimal income taxation of corruption (Choi and Thum 2003), and environmental regulation (Puller 2006). A Theory of Incentives in Procurement and Regulation. Tirole (1993); A Theory of Incentives in Procurement and Regulation,. Tirole (1993), Theory of Incentives in Procurement and Regulation.