Showing 1 - 10 of 880
The government wants two tasks to be performed. In each task, unobservable effort can be exerted by a wealth-constrained private contractor. If the government faces no binding budget constraints, it is optimal to bundle the tasks. The contractor in charge of both tasks then gets a bonus payment...
Persistent link: https://www.econbiz.de/10011107973
A government agency wants a facility to be built and managed to provide a public service. Two different modes of provision are considered. In a public-private partnership, the tasks of building and managing are bundled, whereas under traditional procurement, these tasks are delegated to separate...
Persistent link: https://www.econbiz.de/10011114560
There has been a fundamental development in theory and understanding of market, private, collective and public organizations in recent years. This paper incorporates achievements of the interdisciplinary New Institutional and Transaction Costs Economics (combining Economics, Organization, Law,...
Persistent link: https://www.econbiz.de/10008680295
Abstract This article argues that the observed elasticity of substitution between military and civilian labour within a defence ministry provides an indication of the likely scope for efficient outsourcing of military services. Military labour can only be employed by government, so outsourcing...
Persistent link: https://www.econbiz.de/10011109855
We empirically assess the winner’s curse effect in auctions for toll road concessions. First, we investigate the overall winner’s curse effects on bidding behaviour. Second, we account for differing levels of common-value components. Third, we investigate whether the possibility of...
Persistent link: https://www.econbiz.de/10005059108
What determines the share of public employment, at a given size of the State, in countries of similar levels of economic development? While the theoretical and empirical literature on this issue has mostly considered technical dimensions (efficiency and political considerations), this paper...
Persistent link: https://www.econbiz.de/10011109906
A very well established economic literature maintains that State-owned enterprises (SOEs) are inefficient comparatively to privately-owned ones (POEs). In this paper we argue that SOEs' inefficiency is not due to the State ownership per se, rather it is caused by some conditions other than...
Persistent link: https://www.econbiz.de/10011110509
This paper provides a comparative assessment of the market share, reach to the poor, and performance of faith-based and public schools in Sierra Leone using data from the 2004 Integrated Household Survey. One-third of primary school students attend government schools and more than half are in...
Persistent link: https://www.econbiz.de/10005087500
This paper provides a comparative assessment of the market share, reach to the poor, and performance of faith-based and public schools in the Democratic Republic of Congo using data from the 2004-2005 "123" survey. More than two thirds of primary school students attend faith-based...
Persistent link: https://www.econbiz.de/10005087517
This paper uses recent household survey data for Cameroon to measure the cost for households of the education services that their children receive and assess how this cost varies according to the type of service provider. Contrary to what has been observed in some other countries, the data...
Persistent link: https://www.econbiz.de/10005087525