The Efficient Mechanism for Downsizing the Public Sector.

We study the efficient mechanism for downsizing the public sector focusing on adverse selection in productive efficiency. Each agent is assumed to have two type-dependent reservation utilities: the status quo utility in the public sector before downsizing and the utility that he expects to obtain if he enters the private sector.

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Year of publication:	1998
Authors:	Jeon, D.-S. ; Laffont, J.-J.
Institutions:	Groupe de Recherche en Économie Mathématique et Quantitative (GREMAQ), Toulouse School of Economics (TSE)
Subject:	ADVERSE SELECTION \| PUBLIC SECTOR

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Series:	Toulouse - GREMAQ.
Type of publication:	Book / Working Paper
Notes:	31 pages
Classification:	D83 - Search, Learning, Information and Knowledge ; H40 - Publicly Provided Goods. General ; L33 - Comparison of Public and Private Enterprises; Privatization; Contracting Out
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005486539