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This paper was prepared as background for a discussion held at the OECD in June 2016 on commitment decisions in antitrust cases. It reviews arguments in favour and against the use of commitment decisions as they are presented in the literature. It also discusses judicial reviews of commitment...
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This paper builds on Faure-Grimaud and Martimort’s [Economics Letters 71 (2001) 75-82] analysis of intermediated contracting. I argue that intermediated contracting permits one form of auditing, in which the sub-contract offered to the firm is examined, contingent on the intermediary’s...
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There has been an explosion of new forms of communications media for interpersonal communication. There is anecdotal evidence of people suffering from 'information overload' as a result of these developments. This paper presents the results from, and analysis of, a case study of a perceived...
Persistent link: https://www.econbiz.de/10005407519
This paper examines the mechanics of intertemporal information provision in {\em dynastic governments}. It has been suggested that ``horizontal accountability," i.e., a system of governance where auditing functions lie outside the executive branch, can ensure credible disclosure of information....
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Governmental contracts may be renegotiated after political changes. Current governments can anticipate this and strategically distort contracts to influence renegotiation outcomes. In this sequential common agency game, the initial contract impacts elements of the renegotiation process: outside...
Persistent link: https://www.econbiz.de/10005407570
Keeping a good disciplinary climate is a key to student learning and well-being. Disciplinary norms need to be clearly established and applied fairly and consistently. Yet, strictness alone cannot optimise student outcomes: students need support and understanding.
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