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Designing Regulatory Policy with Limited Information (Paperback)

D. Besanko, D. Sappington

R722 Discovery Miles 7 220

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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.

Designing Regulatory Policy with Limited Information (Hardcover)

D. Besanko, D. Sappington

~~R3,399~~ R1,314 Discovery Miles 13 140 Save R2,085 (61%)

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Ships in 12 - 17 working days

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