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This Paper proposes a theory of the optimal organization of delegated expertise. For incentive purposes, a principal … a single expert, we show that the agency costs of delegated expertise exhibit diseconomies of scale. Possible …
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The empirical performance of macroeconomic exchange rate models is more than disappointing. This dismal result is also reflected in the forecasting capabilities of professional analysts: all in all, analysts are not in a position to beat naïve random walk forecasts. The root for this deficient...
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von Expertise in Politik und Gesellschaft. Die Beiträge dieses Bandes analysieren hierzu verschiedene Facetten, Akteure … und Dynamiken der aktuellen Konflikte um Wissen und Expertise. Neben den Ambivalenzen von Expertise in der Politik werden … Zivilgesellschaft und Kultur sowie die globale Dimension von Expertise beleuchtet. Darüber hinaus gibt es auch ein Forum mit Reflexionen …
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Guaranteeing energy security is one of the most important challenges for Europe today. Especially since the crises in Ukraine, Europe's interest in an additional supply line of gas and oil to Europe through Turkey has been growing steadily. In both political and academic discourse the question...
Persistent link: https://www.econbiz.de/10011609971