This article suggests that the global inefficiency which generally affects a production process is endogenous and depends on the incentives generated by the process environment. We propose to treat the usual correlation between the inefficiency and the regressors of the production frontier...

This paper formalises a three-tier administrative hierarchy. A benevolent federal government must decide how to fund an indivisible local public work, planned to be undertaken by a single firm. But the federal government observes neither the cost nor the local benefit of the project. To obtain...

Multinational enterprises (MNEs) have started to populate also regulated sector. Their linked international activities and credible threats to relocate are then new concerns for regulators. We sutdy a multiprincipal model in which a privately informed MNE (the agent) produces for two countries...

This paper analyzes environmental labeling strategies in a duopoly market. We consider a three-stage game where firms successively choose their production technology, label signal and price. The willingness to pay for the environmental quality is explained by an altruistic parameter as consumers...