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Delegation and the Regulation of Risk

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  • Hopenhayn, Hugo
  • Lohmann, Susanne
Abstract
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  • Hopenhayn, Hugo & Lohmann, Susanne, 1996. "Delegation and the Regulation of Risk," Working Papers 993, California Institute of Technology, Division of the Humanities and Social Sciences.
    • Handle: RePEc:clt:sswopa:993
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    References listed on IDEAS

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    1. Kenneth Rogoff, 1985. "The Optimal Degree of Commitment to an Intermediate Monetary Target," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 100(4), pages 1169-1189.
    2. Kreps, David M & Wilson, Robert, 1982. "Sequential Equilibria," Econometrica, Econometric Society, vol. 50(4), pages 863-894, July.
    3. Lohmann, Susanne, 1993. "A Signaling Model of Informative and Manipulative Political Action," American Political Science Review, Cambridge University Press, vol. 87(2), pages 319-333, June.
    4. Tirole, Jean, 1994. "The Internal Organization of Government," Oxford Economic Papers, Oxford University Press, vol. 46(1), pages 1-29, January.
    5. Fershtman, Chaim & Judd, Kenneth L & Kalai, Ehud, 1991. "Observable Contracts: Strategic Delegation and Cooperation," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 32(3), pages 551-559, August.
    6. Hopenhayn, Hugo & Lohmann, Susanne, 1996. "Fire-Alarm Signals and the Political Oversight of Regulatory Agencies," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 12(1), pages 196-213, April.
    7. Sandra Pruzansky & Amos Tversky & J. Carroll, 1982. "Spatial versus tree representations of proximity data," Psychometrika, Springer;The Psychometric Society, vol. 47(1), pages 3-24, March.
    8. Nahum D. Melumad & Dilip Mookherjee, 1989. "Delegation as Commitment: The Case of Income Tax Audits," RAND Journal of Economics, The RAND Corporation, vol. 20(2), pages 139-163, Summer.
    9. McCubbins, Mathew D & Noll, Roger G & Weingast, Barry R, 1987. "Administrative Procedures as Instruments of Political Control," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 3(2), pages 243-277, Fall.
    10. Mathew D. McCubbins, 1991. "Party Governance and U.S. Budget Deficits: Divided Government and Fiscal Stalemate," NBER Chapters, in: Politics and Economics in the Eighties, pages 83-122, National Bureau of Economic Research, Inc.
    11. Lupia, Arthur, 1992. "Busy Voters, Agenda Control, and the Power of Information," American Political Science Review, Cambridge University Press, vol. 86(2), pages 390-403, June.
    12. Lupia, Arthur, 1994. "Shortcuts Versus Encyclopedias: Information and Voting Behavior in California Insurance Reform Elections," American Political Science Review, Cambridge University Press, vol. 88(1), pages 63-76, March.
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    Cited by:

    1. Stefan Thurner & Rudolf Hanel & Stefan Pichler, 2003. "Risk trading, network topology and banking regulation," Quantitative Finance, Taylor & Francis Journals, vol. 3(4), pages 306-319.
    2. Susanne Lohmann, 2003. "Representative Government and Special Interest Politics," Journal of Theoretical Politics, , vol. 15(3), pages 299-319, July.

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