|
Education
Web
Viewing 1-1 of 1 total results
 Can Privatisation and Commercialisation of Public Services Help Achieve The MDGs? An Asses...
Kate Bayliss and Tim Kessler 13 Private providers have strong incentives to lim it what regulators know about the utilities they operate. According to a W orld Bank researcher on infrastructure: “The fundam ental problem of regulation is one of asym m etric inform ation between the regula...
1
0
Kate Bayliss and Tim Kessler 13 Private providers have strong incentives to lim it what regulators know about the utilities they operate. According to a W orld Bank researcher on infrastructure: “The fundam ental problem of regulation is one of asym m etric inform ation between the regulated com pany and the regulatory agency. The regulated com pany will have a strong incentive to abuse [its] strategic advantage by under-supplying inform ation or distorting the inform ation supplied” (Foster
15
0
http://www.undp-povertycentre.org/pub/IPCWorkingPaper22.pdf#page=15
www.undp-povertycentre.org/pub/IPCWorkingPaper22.pdf#page=15
Kate Bayliss and Tim Kessler 13 Private providers have strong incentives to lim it what regulators know about the utilities they operate. According to a W orld Bank researcher on infrastructure: “The fundam ental problem of regulation is one of asym m etric inform ation between the regulated <span class="highlight">com</span> pany and the regulatory agency. The regulated <span class="highlight">com</span> pany will have a strong incentive to abuse [its] strategic advantage by under-supplying inform ation or distorting the inform ation supplied” (Foster
|
