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Informationen zum Autor Jean-Jacques Laffont is Professor of Economics at the University of Toulouse and at the University of Southern California. He has published extensively in public economics, incentive theory, development economics and economics of regulation. Klappentext 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. Zusammenfassung Jean-Jacques Laffont provides the first theoretical analysis of regulation of public services for developing countries. Based on organization theory and history! and using simple empirical tests where possible! Laffont's comprehensive evaluation of the different ways to organize the regulatory institutions makes a significant contribution to the field. Inhaltsverzeichnis Foreword; Introduction; 1. Overview of regulatory issues; 2. The rent extraction-efficiency trade-off; 3. A positive theory of privatization; 4. Enforcement, regulation and development; 5. Access pricing rules for developing countries; 6. Universal service obligations in LCDs; 7. Design of regulatory institutions; 8. Separation of regulatory powers and development; 9. Concluding remarks.
