We study optimal regulation of a monopolist when intrinsic efficiency (intrinsic cost) and empire-building tendency …

We study the optimal regulation of a monopolist when intrinsic efficiency (intrinsic cost) and empire building tendency …

Market based instruments are proving increasingly effective in biodiversity procurement and in regulatory schemes to … may differ significantly between procurement and regulatory policy environments. …

, ecology, and monitoring. Using a mixed adverse selection, moral hazard procurement model, we show that optimal contract design … may di¤er signi?cantly between procurement and regulatory policy environ- ments …

We analyze the optimal regulation of a MFI that has private information on the intrinsic quality of its loan portfolio … and costs of regulation in terms of leaving an informational rent for a high quality MFI. We identify conditions for the …

by the regulation of nonrenewable resources, stressing the fact that the inherently dynamic nature of natural resource …

This paper studies the effect of soft-budget constraints in a pure adverse selection model of monopoly regulation. We …

The paper studies the impact of government budget constraint in a pure adverse selection problem of monopoly regulation … to regulation is proposed in which firms are free to enter the market and to choose their price and output levels … than traditional regulation where governments commit to both investment and operation cash-flows. This is especially …