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Persistent link: https://www.econbiz.de/10003824459
We examine how diversification of projects assigned to an agency can enhance efficiency by informing a principal of the agency’s quality. Projects that appear inefficient in isolation may be justified when assigned to the same agency. Assigning different tasks to different special purpose...
Persistent link: https://www.econbiz.de/10005503867
Earmarking is a form of bundling in which government adopts a tax policy while specifying the uses of the revenue. This paper explores how bundling can enhance efficiency: it can inform the public of the quality of a program proposed, or of the quality of the agency that will be responsible for...
Persistent link: https://www.econbiz.de/10004977972
bureaucracy rather than to an autocratic leader. We combine the Aghion-Tirole definition of formal and real authority with the …
Persistent link: https://www.econbiz.de/10010199719
bureaucracy rather than to an autocratic leader. We combine the Aghion-Tirole definition of formal and real authority with the …
Persistent link: https://www.econbiz.de/10013315704
bureaucracy? In 1992, Banks and Weingast argued that bureaucrats hold an informational advantage vis-a-vis political principals … interest group becomes concentrated. The bureaucracy's informational advantage collapses under these conditions, and the …
Persistent link: https://www.econbiz.de/10014027713
possible. Reliability is improved with randomized trials, when feasible, and with attention to underlying theory and tests of …
Persistent link: https://www.econbiz.de/10003851843
possible. Reliability is improved with randomized trials, when feasible, and with attention to underlying theory and tests of …
Persistent link: https://www.econbiz.de/10014206808
This paper analyzes the impact of bureaucratic decision costs on agency expertise. The analysis shows that the effect of the cost associated with adopting a new regulation (the enactment cost) on agency expertise depends on what the agency would do if it remains uninformed. If an uninformed...
Persistent link: https://www.econbiz.de/10012733175
The paper is focused on the study of manager’s decision-making with respect to the basic model of learning organization, presented by P. Senge as a system model of management. On one hand, the empirical research was conducted in connection with key dimensions of organizational learning such...
Persistent link: https://www.econbiz.de/10014039026