Egorov, Georgy; Guriev, Sergei; Sonin, Konstantin - Center for Economic and Financial Research (CEFIR), New … - 2006
How can a non-democratic ruler provide proper incentives for state bureaucracy? In the absense of competitive elections and separation of powers, the ruler has to gather information either from a centralized agency such as a secret service or a decentralized source such as media. The danger of...