A Theory of Incentives in Procurement and Regulation (with Jean-Jacques Laffont)
E324673
A Theory of Incentives in Procurement and Regulation is a foundational economics book that develops a rigorous principal–agent framework for designing optimal contracts and regulatory mechanisms in public procurement and regulated industries.
All labels observed (1)
| Label | Occurrences |
|---|---|
| A Theory of Incentives in Procurement and Regulation (with Jean-Jacques Laffont) canonical | 2 |
Statements (45)
| Predicate | Object |
|---|---|
| instanceOf |
book
ⓘ
economics book ⓘ |
| author |
Jean Tirole
ⓘ
Jean-Jacques Laffont ⓘ |
| countryOfPublication |
United States of America
ⓘ
surface form:
United States
|
| describesConcept |
adverse selection in regulation
ⓘ
auction design for procurement ⓘ incentive-compatible regulation ⓘ information rents ⓘ moral hazard in regulation ⓘ screening contracts ⓘ |
| field |
contract theory
ⓘ
economics ⓘ industrial organization ⓘ microeconomics ⓘ principal–agent theory ⓘ public economics ⓘ regulatory economics ⓘ |
| focusesOn |
design of optimal contracts
ⓘ
public procurement mechanisms ⓘ regulation of natural monopolies ⓘ regulation under asymmetric information ⓘ regulatory mechanisms ⓘ |
| hasTheoreticalFramework |
mechanism design framework
ⓘ
principal–agent framework ⓘ |
| influencedField |
contract theory
ⓘ
industrial organization ⓘ public procurement policy ⓘ regulatory economics ⓘ |
| language | English ⓘ |
| mainSubject |
asymmetric information
ⓘ
incentive theory ⓘ mechanism design ⓘ optimal contracts ⓘ procurement ⓘ public procurement ⓘ regulated industries ⓘ regulation ⓘ |
| notableFor |
formal analysis of optimal regulatory contracts
ⓘ
rigorous treatment of principal–agent problems in regulation ⓘ |
| publicationDecade | 1990s ⓘ |
| publisher | MIT Press ⓘ |
| targetAudience |
graduate students in economics
ⓘ
policy makers in regulation ⓘ researchers in industrial organization ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
Jean Tirole
→
notableWork
→
A Theory of Incentives in Procurement and Regulation (with Jean-Jacques Laffont)
ⓘ
Tirole
→
notableWork
→
A Theory of Incentives in Procurement and Regulation (with Jean-Jacques Laffont)
ⓘ
subject surface form:
Jean Tirole