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Regulation and Development (Hardback)

Jean-Jacques Laffont

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ISBN 10: 052184018X / ISBN 13: 9780521840187
Edité par CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2005
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Language: English . Brand New Book. In Regulation and Development Jean-Jacques Laffont provides the first theoretical analysis of regulation of public services for developing countries. He shows how the debate between price-cap regulation and cost of service regulation is affected by the characteristics of less developed countries (LDCs) and offers a positive theory of privatization that stresses the role of corruption. He develops a new theory of regulation with limited enforcement capabilities and discusses the delicate issue of access pricing in view of LDC s specificities. In the final chapter he proposes a theory of separation of powers which reveals one of the many vicious circles of underdevelopment made explicit by the economics of information. Based on organization theory and history, and using simple empirical tests wherever possible, Professor Laffont offers a comprehensive evaluation of the different ways to organize the regulatory institutions and opens up a rich new research agenda for development studies. N° de réf. du libraire AAA9780521840187

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Détails bibliographiques

Titre : Regulation and Development (Hardback)

Éditeur : CAMBRIDGE UNIVERSITY PRESS, United Kingdom

Date d'édition : 2005

Reliure : Hardback

Etat du livre : New

Edition : New..

A propos de ce titre

Synopsis :

Providing the first theoretical analysis of regulation of public services for less developed countries (LDCs), Jean-Jacques Laffont demonstrates how the debate between price-cap regulation and cost of service regulation is affected by the characteristics of LDCs. Laffont develops a new theory of regulation with limited enforcement capabilities, and discusses the delicate issue of access pricing in view of LDCs' specificities. His evaluation of the different ways to organize the regulatory institutions makes a significant contribution to the field.

Book Description:

Jean-Jacques Laffont provides the first theoretical analysis of regulation of public services for less developed countries (LDC's). He shows how the debate between price-cap regulation and cost of service regulation is affected by the characteristics of LDCs, develops a new theory of regulation with limited enforcement capabilities, and discusses the delicate issue of access pricing in view of LDC's specificities. Based on organization theory and history, and using empirical tests where possible, Laffont's evaluation of the different ways to organize the regulatory institutions makes a significant contribution to the field.

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