ENGLISH

Regulation and Development

Book information

Publisher
Cambridge University Press
Year
2005
ISBN
052184018X, 9780521840187
Language
english
Format
PDF
Filesize
997 kB (1021323 bytes)
Series
Federico Caffè Lectures
Pages
292\293
Scanned
yes
Time added
2015-10-27 18:50:16

Description

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.

Similar books