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Government Intervention in Production and Incentives Theory: A Review of Recent Contributions

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Author Info
B. Caillaud
R. Guesnerie
P. Rey
J. Tirole

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Abstract

This article reviews the recent literature on regulation under asymmetric information. We first develop the conceptual framework and offer a reminder of the techniques used in the field. Then we apply the framework and techniques to a variety of situations -- with or without commitment. We conclude with a discussion of desirable directions for research.

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Publisher Info
Article provided by The RAND Corporation in its journal RAND Journal of Economics.

Volume (Year): 19 (1988)
Issue (Month): 1 (Spring)
Pages: 1-26
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Handle: RePEc:rje:randje:v:19:y:1988:i:spring:p:1-26

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  5. Kranton, Rachel E., 1990. "Pricing, cost recovery, and production efficiency in transport : a critique," Policy Research Working Paper Series 445, The World Bank. [Downloadable!]
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  10. Rajeev K. Goel, 2006. "Insurance intermediaries and contractual relations," Applied Financial Economics Letters, Taylor and Francis Journals, vol. 2(4), pages 211-215, July. [Downloadable!] (restricted)
  11. S. Lael Brainard & David Martimort, 1992. "Strategic Trade Policy With Incompletely Informed Policymakers," NBER Working Papers 4069, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  12. Rey, Patrick & Salant, David, 2008. "Abuse of Dominance and Licensing of Intellectual Property," MPRA Paper 9454, University Library of Munich, Germany. [Downloadable!]
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  17. Klaus Conrad & Jianmin Wang, 1993. "On the design of incentive mechanisms in environmental policy," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 3(3), pages 245-262, June. [Downloadable!] (restricted)
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  21. Rajeev K. Goel, 1999. "On contracting for uncertain R&D," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 20(2), pages 99-106.
  22. Bazhanov, Andrei, 2008. "Inconsistency between a criterion and the initial conditions," MPRA Paper 6792, University Library of Munich, Germany. [Downloadable!]
  23. Bazhanov, Andrei, 2008. "Maximin-optimal sustainable growth in a resource-based imperfect economy," MPRA Paper 16245, University Library of Munich, Germany, revised 01 Aug 2009. [Downloadable!]
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