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The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries hi
Risk and Return for Regulated Industries
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Risk and Return for Regulated Industries provides a much-needed, comprehensive review of how cost of capital risk arises and can be measured, how the special ri
Incentive Regulation and the Regulation of Incentives
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The class is theory of price regulation assumed that the regulator knows the fIrm's costs, the key piece of information that enables regulators to pressure fmns
A Theory of Incentives in Procurement and Regulation
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Based on their work in the application of principal-agent theory to questions of regulation, Laffont and Tirole develop a synthetic approach to this field, focu
Incentive Regulation for Public Utilities
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This book is based on two seminars held at Rutgers on October 22, 1993, and May 6, 1994 entitled `Incentive Regulation for Public Utilities'. These contribution