Incentive Regulatory Policies: the Case of Public Transit Systems in France
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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472, Massachusetts Institute of Technology (MIT), Department of Economics.
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- repec:ner:tilbur:urn:nbn:nl:ui:12-153211 is not listed on IDEAS
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- Magnus, Jan R., 1982. "Multivariate error components analysis of linear and nonlinear regression models by maximum likelihood," Journal of Econometrics, Elsevier, vol. 19(2-3), pages 239-285, August.
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- Harry F. Campbell, 1975. "Deadweight Loss and Commodity Taxation in Canada," Canadian Journal of Economics, Canadian Economics Association, vol. 8(3), pages 441-47, August.
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89-18, C.V. Starr Center for Applied Economics, New York University.
- Cornwell, Christopher & Schmidt, Peter & Sickles, Robin C., 1990. "Production frontiers with cross-sectional and time-series variation in efficiency levels," Journal of Econometrics, Elsevier, vol. 46(1-2), pages 185-200.
- 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, June.
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