analyses of incentives for associations' membership and farm characteristics decisive for membership choice. The results imply …

capital investment to achieve best management. The results indicate that financial incentives are likely to be required to … encourage smaller graziers to invest in changing their management practices, while larger graziers may only require incentives …

losses can occur as processors would be constrained in restructuring contractual incentives to deal with moral hazard …

stringency. When the size distribution of firms is heavily skewed, regulation size thresholds can reduce transaction costs for … regulatory agencies while bringing most production within a regulatory framework. However, size-based regulation may have … unintended consequences if operations downsize, slow their growth, or enter at a smaller size in order to avoid regulation. These …

This paper analyses multi-period regulation or procurement policies under asymmetric information between the regulator …

We apply a three-tier hierarchical model of regulation, developed along the lines of Laffont and Tirole’s (1993), to …

identifying potential sources of material risks, it illustrates the fact that incentives (such as the reduction in the levels of … capital to be retained by institutions), which have the potential to facilitate market based regulation (through non binding … that such processes correspond to the size and complexity of the institution.” Certain incentives which assume the form of …