How can a non-democratic ruler provide proper incentives for state bureaucracy? In the absence of competitive elections …

Paper argues that the thin line between efficient management practices and inefficient bureaucracy is crossed to curb … managerial agency costs in a multi-layer hierarchy. The model predicts that bureaucracy increases with the frequency of … managerial turnover, and it establishes a link between bureaucracy, incentive schemes, and leverage in a cross-section of firms. …

, we use a combination of lab, field, and survey evidence to study whether these two types of behaviour are indeed linked … behaviour in cashing the check and completing tasks on time. Our results lend support to the hypothesis that subjects who have a …

firms’ dynamic behaviour in factor markets. …

privatization on airport charges in a panel data setting where fixed effects can be employed to mitigate endogeneity concerns. Our …

This paper offers a unique quantitative evaluation of the distribution of the welfare of a water privatization … intermediate suppliers and investors have also clearly benefited during the short privatization duration. However the paper also …

examines the impact of the privatization of kibbutzim on fertility behavior among members. We find that fertility declined by 6 …-15 percent following the shift to privatization. In light of the massive change in financial costs associated with childbearing … due to privatization, our results suggest that financial considerations may be a more modest factor in fertility decisions …

how deregulation affects corporate structure. In the benchmark case where the government maximizes privatization proceeds …