We investigate information aggregation and competition in a delegationframework. An uninformed principal is unable to perform a task herself andmust choose between one of two biased and imperfectly informed experts. Inthe focal equilibrium, experts exaggerate their biases, anticipating...

Purpose – This paper examines the effects of performance driven public services on managerial behaviour and the values that influence individual actions. Design/methodology/approach – The approach is historical/institutional within a constructed theoretical framework Findings – Fuelled by...