| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5061056 | Economics Letters | 2010 | 5 Pages |
Abstract
This paper shows that, in comparison to a single-regulator arrangement, when an agent reports to two regulators, he is confronted with more powerful ex-post incentives. This generates, from an ex-ante perspective, higher incentives for relationship-specific investment.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Vinicius Carrasco,