haku: @author Ivaldi, M. / yhteensä: 3
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Tekijä:Gagnepain, P.
Ivaldi, M.
Otsikko:Incentive regulatory policies: the case of public transit systems in France
Lehti:RAND Journal of Economics
2002 : WINTER, VOL. 33:4, p. 605-629
Asiasana:Urban transport
Passenger transport
Vehicle scheduling
France
Kieli:eng
Tiivistelmä:The authors assess the empirical relevance of the new theory of regulation, using a principal-agent framework to study the regulatory schemes used in the French urban transport industry. Fixed-price policies lie between fully informed and uninformed second-best schemes. Cost-plus contracts are dominated by any type of second-best contract. From these results, the authors may conjecture that fixed-price contracts call for better-informed regulators.
SCIMA tietueen numero: 251142
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