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multiple equilibria. The effect of the social norm on the optimal bonus rate is discussed, as well as the effectiveness of … temporary changes in the bonus rate as a means to move a firm from a bad to a good equilibrium. …
Persistent link: https://www.econbiz.de/10005419524
We survey the literature on the effects of public sector outsourcing. Guided by theory, we systematically arrange services according to the type and magnitude of their contractibility problems. Taken as a whole, the empirical literature indicates that public sector outsourcing generally reduces...
Persistent link: https://www.econbiz.de/10009147384