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Analysis of vertical separation of regulators under adverse selection

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  • T. Ida
  • M. Anbashi

Abstract

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Suggested Citation

  • T. Ida & M. Anbashi, 2008. "Analysis of vertical separation of regulators under adverse selection," Journal of Economics, Springer, vol. 93(1), pages 1-29, February.
  • Handle: RePEc:kap:jeczfn:v:93:y:2008:i:1:p:1-29
    DOI: 10.1007/s00712-007-0292-0
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    References listed on IDEAS

    as
    1. Jean-Jacques Laffont & David Martimort, 1999. "Separation of Regulators Against Collusive Behavior," RAND Journal of Economics, The RAND Corporation, vol. 30(2), pages 232-262, Summer.
    2. Jean-Jacques Laffont & Jean Tirole, 1993. "A Theory of Incentives in Procurement and Regulation," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262121743, December.
    3. Motta,Massimo, 2004. "Competition Policy," Cambridge Books, Cambridge University Press, number 9780521016919.
    4. Antoine Faure-Grimaud & Jean-Jacques Laffont & David Martimort, 2003. "Collusion, Delegation and Supervision with Soft Information," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(2), pages 253-279.
    5. Jean-Jacques Laffont & David Martimort, 1998. "Collusion and Delegation," RAND Journal of Economics, The RAND Corporation, vol. 29(2), pages 280-305, Summer.
    6. Myerson, Roger B, 1979. "Incentive Compatibility and the Bargaining Problem," Econometrica, Econometric Society, vol. 47(1), pages 61-73, January.
    7. David Martimort & Lars Stole, 2002. "The Revelation and Delegation Principles in Common Agency Games," Econometrica, Econometric Society, vol. 70(4), pages 1659-1673, July.
    8. Avinash K. Dixit, 1998. "The Making of Economic Policy: A Transaction Cost Politics Perspective," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262540983, December.
    9. Laffont, Jean-Jacques, 2001. "Incentives and Political Economy," OUP Catalogue, Oxford University Press, number 9780199248681.
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    Citations

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    Cited by:

    1. Raffaele Fiocco & Mario Gilli, 2016. "Bargaining and collusion in a regulatory relationship," Journal of Economics, Springer, vol. 117(2), pages 93-116, March.
    2. Anton Miglo, 2009. "Earnings‐Based Compensation Contracts Under Asymmetric Information," Manchester School, University of Manchester, vol. 77(2), pages 225-243, March.
    3. Toshihiro Matsumura & Noriaki Matsushima, 2009. "Access Charge, Vertical Separation, and Lobbying," Discussion Papers 2009-11, Kobe University, Graduate School of Business Administration.

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    More about this item

    Keywords

    vertical separation; regulatory reform; intermediate institution; adverse selection; collusion; L33; L51;
    All these keywords.

    JEL classification:

    • L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation

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