Now showing items 1-3 of 3
The Effect of Awareness and Observability on the Non-contractible Investment of a Regulated Natural Monopoly
(Springer New York LLC, 2019-12)
This paper studies the joint effect of the regulator’s ex-ante awareness and ex-post ability to observe on the non-contractible investment activities of a natural monopoly with private marginal cost information. We show ...
Occurrence of deception under the oversight of a regulator having reputation concerns
This paper studies deceptions conducted by agents in the presence of a regulator. The regulator is supposed to detect deviations from the “rightful” behavior through costly monitoring; thus she may not choose to be diligent ...
Effect of public procurement regulation on competition and cost-effectiveness
This study empirically investigates the impact of public procurement regulation quality on the competition for tenders and the cost-effectiveness of awarded contracts, by employing the World Bank's Benchmarking Public ...