Incentive Theory in Government Procurement and Regulation

Author: (French) Laffont
Publisher:
Publishing Date: 2004-03-01
Features: By selecting different chapters, this book can be used for graduate courses in regulation theory or contract theory. For graduate students in economics at Chinese universities, it is a theoretical and well-documented teaching reference book that will help them conduct research in regulation theory and contract theory. The book is considered the "bible" of Western regulation economics and is included in the "Contemporary Economics Reference Series." It aims to develop a theory of incentives in regulation and government procurement, establish more practical and operational models, and thereby derive a comprehensive approach to analyzing incentive issues in regulation and government procurement. The book extensively employs the conclusions of general principal-agent theory and game theory literature, and provides analyses and evaluations of relevant literature in the endnotes at the end of each chapter.