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Regulating a risk-averse firm under incomplete information

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  • Chifeng Dai

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Suggested Citation

  • Chifeng Dai, 2008. "Regulating a risk-averse firm under incomplete information," Journal of Regulatory Economics, Springer, vol. 34(1), pages 75-85, August.
    • Handle: RePEc:kap:regeco:v:34:y:2008:i:1:p:75-85
    DOI: 10.1007/s11149-008-9059-y
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    References listed on IDEAS

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    1. Chifeng Dai & Tracy R. Lewis & Giuseppe Lopomo, 2006. "Delegating management to experts," RAND Journal of Economics, RAND Corporation, vol. 37(3), pages 503-520, September.
    2. Laffont, Jean-Jacques & Tirole, Jean, 1986. "Using Cost Observation to Regulate Firms," Journal of Political Economy, University of Chicago Press, vol. 94(3), pages 614-641, June.
    3. Laffont, Jean-Jacques & Rochet, Jean-Charles, 1998. "Regulation of a Risk Averse Firm," Games and Economic Behavior, Elsevier, vol. 25(2), pages 149-173, November.
    4. David Sappington, 1982. "Optimal Regulation of Research and Development under Imperfect Information," Bell Journal of Economics, The RAND Corporation, vol. 13(2), pages 354-368, Autumn.
    5. Bernard Salanié, 1990. "Sélection adverse et aversion pour le risque," Annals of Economics and Statistics, GENES, issue 18, pages 131-149.
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    Cited by:

    1. Fu, Tong & Cai, Chao & Jian, Ze, 2020. "The illusion of “win–win” solution: Why environmental regulation in china promotes firm performance?," Structural Change and Economic Dynamics, Elsevier, vol. 52(C), pages 366-373.

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    More about this item

    Keywords

    Risk aversion; Incomplete information; Regulation; D8; L5;
    All these keywords.

    JEL classification:

    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty
    • L5 - Industrial Organization - - Regulation and Industrial Policy

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