This paper is aimed at assesssing the empirical relevance of the new theory of regulation inspired by the theory of incentives. It contributes to the econometrics of asymmetric information models by using the principal-agent framework for studying the regulatory schemes used in French urban transport industry.
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Paper provided by Toulouse - GREMAQ in its series Papers with number
99.515.
Find related papers by JEL classification: H00 - Public Economics - - General - - - General D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
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