Description

Book Synopsis
Examines policy design when the policy maker in imperfectly informed, focusing on cases where the regulated firm possesses better information about its technology than the regulator.

Table of Contents
1. Background: History and Related Literature 2. Adverse Selection 3. Auditing 4. Regulation and Moral Hazard 5. Multiperiod Models of Regulation and Information 6. Intertemporal Commitment 7. Interfirm Comparisons 8. Extensions and Future Directions

Designing Regulatory Policy with Limited

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A Hardback by D. Besanko, D. Sappington

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    View other formats and editions of Designing Regulatory Policy with Limited by D. Besanko

    Publisher: Taylor & Francis Ltd
    Publication Date: 06/12/2001
    ISBN13: 9780415274630, 978-0415274630
    ISBN10: 041527463X
    Also in:
    Economics Law Company, commercial and competition law: general

    Description

    Book Synopsis
    Examines policy design when the policy maker in imperfectly informed, focusing on cases where the regulated firm possesses better information about its technology than the regulator.

    Table of Contents
    1. Background: History and Related Literature 2. Adverse Selection 3. Auditing 4. Regulation and Moral Hazard 5. Multiperiod Models of Regulation and Information 6. Intertemporal Commitment 7. Interfirm Comparisons 8. Extensions and Future Directions

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