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Unlike in the production of most goods, changes in capacity for labor-intensive services only affect outcomes of interest insofar as service providers change the way they allocate their time in response to those capacity changes. In this paper, we examine how public sector service providers...
Persistent link: https://www.econbiz.de/10012479657
this document is organized into three major sections: methodology and implementation; results; and implications for Niger …
Persistent link: https://www.econbiz.de/10012246997
firms' incentives to selectively enroll low-cost individuals, governments frequently "risk-adjust" payments to firms based …'s payments to a firm for covering an individual minus the counterfactual cost had the government directly covered her. We show … thus risk adjustment can raise the total cost to the government of providing the public service. We confirm both selection …
Persistent link: https://www.econbiz.de/10012461681
Nearly all prior work on government outsourcing has focused on the contracting firm's incentives. This paper shows how strong incentive contracts may be insufficient to generate spending reductions (or other desired outcomes) in the presence of a binding technological or managerial constraint....
Persistent link: https://www.econbiz.de/10013362044
use of the negligence rule is triggered by harm, the rule enjoys an intrinsic enforcement cost advantage over regulation …
Persistent link: https://www.econbiz.de/10012460242
"Being a utility regulator has perils because the independence of the regulator necessarily removes power from politicians, operators, and others. Furthermore, regulators are sometimes scapegoats for unpopular policies and unavoidably become involved in shaping the policies that they are...
Persistent link: https://www.econbiz.de/10010522580
for the electricity industry, particularly for developing countries. They discuss governance criteria and their …
Persistent link: https://www.econbiz.de/10010522663
Persistent link: https://www.econbiz.de/10010523048
Persistent link: https://www.econbiz.de/10010523190
This paper examines the financing decisions of regulated public utilities. It is argued that the regulatory process affects utility financing choices both by conditioning the environment in which these choices are made and by creating opportunities for firms to influence the regulated price...
Persistent link: https://www.econbiz.de/10012478245