Croce, Giuseppe (2000) La regolazione dei servizi pubblici in condizione di informazione asimmetrica: una introduzione. Working Paper. Dipartimento di Economia Pubblica, Università di Roma La Sapienza, Roma, Italia.
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Abstract
The aim of this paper is to review the main features of the new theory of public utilities regulation, theoretically assuming asymmetric information. The results considered imply a departure from first best outcomes and give way to a strategic interaction between firm and regulator. The role of the constraints of participation and incentive-compatibility faced by the regulator trying to improve efficiency is also highlighted. The institutional nature of the regulation prevails over the technological one and sheds new light on the issues concerning public intervention in this field.
| Item Type: | Monograph (Working Paper) |
|---|---|
| Additional Information: | J.E.L. Classification: D82, L51 |
| Uncontrolled Keywords: | regulation, asymmetric information |
| Subjects: | 300 Scienze sociali > 330 Economia |
| Depositing User: | Dipartimento economia e diritto |
| Date Deposited: | 06 Mar 2009 |
| Last Modified: | 20 May 2010 12:01 |
| URI: | http://eprints.bice.rm.cnr.it/id/eprint/791 |
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