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1“...Economics has much to do with incentives--not least, incentives to work hard, to produce quality products, to study, to invest, and to save. Although Adam...”
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2“...We study the agency costs of delegated public service provision, focusing on the link between organizational forms and uncertainty at project implementation...”
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3“...Two conflicting interest groups buy favor from a policy maker. Influence is modeled as a common-agency game with lobbyists proposing monetary contributions...”
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4“...We build on the existing literature in public‐private partnerships (PPP) to analyze the main incentive issues in PPPs and the shape of optimal contracts in...”
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5by Iossa, Elisabetta Martimort, David Published in International journal of industrial organization (01.01.2016)“...We analyze risk allocation and contractual choices when public procurement is plagued with moral hazard, private information on exogenous shocks, and threat of...”
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6“...We characterize the optimal dynamic contract for a long-term basic service when an uncertain add-on is required later on. Introducing firm risk aversion has...”
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7“...We consider vertical contracting arrangements between a manufacturer and a retailing network when retailers have private information and the organization is...”
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8by David Martimort Stéphane Straub Published in International economic review (Philadelphia) (01.02.2016)“...We analyze how long-term uncertainty, for example, regarding future climate conditions, affects the design of concession contracts and organizational forms in...”
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9by Martimort, David Pouyet, Jerome Published in International journal of industrial organization (2008)“...This paper analyzes whether the two tasks of building infrastructures which are socially useful in providing public services and managing these assets should...”
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10by Martimort, David Pouyet, Jérôme Staropoli, Carine Published in Journal of economics & management strategy (Fall 2020)“...We consider the regulation of the tariffs charged by a public utility in the electricity sector. Consumers differ in terms of their privately known demands...”
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11by Philippe Gagnepain Marc Ivaldi David Martimort Published in The American economic review (01.10.2013)“...Contract theory claims that renegotiation prevents attainment of the efficient solution that could be obtained under full commitment. Assessing the cost of...”
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12by David Martimort Jérôme Pouyet Francesco Ricci Published in The Rand journal of economics (01.07.2018)“...A concessionaire has private information on the initial stock of resource. A "virtual Hotelling rule" describes how the resource price evolves over time and...”
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13by Martimort, David Published in Journal of regulatory economics (01.07.2006)“...This paper proposes a unified theoretical framework to discuss the costs and benefits of privatization using the recent advances of Incentive Theory. I begin...”
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14by Bardey, David Gromb, Denis Martimort, David Pouyet, Jérôme Published in The Journal of industrial economics (01.09.2020)“...A monopoly seller advising buyers about which of two goods fits their needs may be tempted to recommend the higher margin good. For the seller to collect...”
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15by DAVID MARTIMORT AGGEY SEMENOV LARS STOLE Published in The Review of economic studies (01.04.2017)“...We develop a theory of contracts with limited enforcement in the context of a dynamic relationship. The seller is privately informed on his persistent cost,...”
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16“...An agent gathers information on productivity shocks and accordingly produces on behalf of a principal. Information gathering is imperfect and whether it...”
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17by Martimort, David Published in Revue économique (2018)“...L’objet de cet article est de remettre en question la vision optimiste du jeu politique entre groupes de pression qui est offerte par la théorie de l’agence...”
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18“...We consider an infinitely-repeated principal–agent relationship run with stationary contracts. The agent has private information on his persistent cost...”
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20“...We analyze the regulation of firms that undertake socially risky activities but can reduce the probability of an accident inflicted on third parties by...”