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Public service motivation is often considered as an argument for low- powered incentive schemes in the public sector. In this paper, we characterize the optimal contract between a public regulator and an altruistic agent according to the degree of public service motivation, when the type of the...
Persistent link: https://www.econbiz.de/10010707800
For more than 20 years the Nordic scholars have been major contributors to the advancement of knowledge in orgganization studies. Four aspects are considered: they are both global oriented and locally embedded, they combine disciplinary roots with interdisciplinary openess, they are functioning...
Persistent link: https://www.econbiz.de/10011144038
The reasons for the rise of the theories of monopolistic competition are fairly well identified. This is much less the case for their decline. This article will identify the forces that are responsible for the fact that the theories of monopolistic competition remain an interlude in the history...
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Les fonctions de la finance sont souvent méconnues. L’idéologie libérale en est largement responsable : elle a fait croire qu’en laissant la finance à elle-même nos économies seraient dotées de mécanismes capables d’allouer au mieux l’épargne qui s’y dégage. La dernière...
Persistent link: https://www.econbiz.de/10011273980
The aim of this paper is to study the nature of the relationship between energy consumption and economic growth in Cameroon through a three-step approach: (i) study the stationarity of the chronic, (ii) test of causality between variables, and (iii) estimate the appropriate model. The study...
Persistent link: https://www.econbiz.de/10010723180
Africa has been hard hit by the international crisis. Initially exogenous and above all financial, it has exacerbated various internal crises already present in the region. Like the DRC, which is a test case in many respects, Africa could experience severe setbacks that could cancel out the...
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