Chamberlin, John R.; Jackson, John E. - In: Journal of Policy Analysis and Management 6 (1987) 4, pp. 586-611
A model based upon the common concept of rent-seeking behavior avoids an exclusive focus on the pecuniary motive in private institutions and the power motive in public institutions. Using this model, the case for privatization ranges from very strong to unpersuasive, with some fascinating...