Author: Jean-Jacques Laffont

Jean-Jacques Laffont is Professor of Economics and Director of the Institut d”Economie Industrielle (IDEI) at the University of Social Sciences in Toulouse, one of Europe”s leading centers for the study of economics. He has won a number of prestigious awards for his research and is a former President of the European Economic Association and of the Econometric Society. His books include The Economics of Uncertainty and Information, Fundamentals of Public Economics, Incentives and Political Economy, and he is the coauthor of Incentives in Public Decision Making, A Theory of Incentives in Procurement and Regulation, and Competition in Telecommunications. David Martimort is Professor of Economics and a research fellow of the IDEI at the University of Social Sciences in Toulouse. He has been a visiting professor at Harvard, MIT, Pompeu Fabra in Barcelona, ECARE in Brussels, and is a member of the Center for Economic and Policy Research in the United Kingdom. He is Associate Editor of the Rand Journal of Economics.