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

    15 in stock

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      Publisher: Taylor & Francis Ltd
      Publication Date: 06/12/2001
      ISBN13: 9780415274630, 978-0415274630
      ISBN10: 041527463X
      Also in:
      Business, Finance & Law 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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