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Regulator and agent sophistication as an explanation-generating engine for proxy failure dynamics

Published online by Cambridge University Press:  13 May 2024

Mihnea Moldoveanu*
Affiliation:
Rotman School of Management, University of Toronto, Toronto, ON, Canada
*
Corresponding author: Mihnea Moldoveanu; Email: Mihnea.moldoveanu@rotman.utoronto.ca

Abstract

I consider the dynamics of regulator–agent interactions in situations in which there are significant mismatches in their abilities to discern and register information and calculate and act upon successful inferences.

Information

Type
Open Peer Commentary
Copyright
Copyright © The Author(s), 2024. Published by Cambridge University Press

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