This chapter reviews recent theoretical work on the design of regulatory policy, focusing on
the complications that arise when regulated suppliers have better information about the …

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 …

In many countries throughout the world, regulators are struggling to determine whether and
how to introduce competition into regulated industries. This essay examines the …

A Market Test for Race Discrimination in Bail Setting Page 1 A Market Test for Race
Discrimination in Bail Setting Ian Ayres* & Joel Waldfogel** Regression analysis, a common …

When anthrax attacks recently led to a run on the patented antibiotic drug Cipro, 1 politicians
and commentators suggested that the government consider purchasing generic alternatives …

Advances in information technology have opened new venues for companies to create
flexible supply chains by offering high-speed communication and tight connectivity. A …

The mobile telecommunications industry is one of the most rapidly growing sectors around
the world. This book offers a comprehensive economic analysis of the main determinants of …

If you're a woman and you shop for a new car, will you really get the best deal? If you're a
man, will you fare better? If you're a black man waiting to receive an organ transplant, will …

This paper analyzes, within the framework of the new regulatory economics that emphasizes
asymmetries of information, the optimal structure of an industry. The duplication of fixed …

Developing countries suffer from weak institutions: inefficient tax systems, lack of auditing
expertise, poor education, corruption, inefficient financial systems, lack of credibility of …