A unifying theme in the literature on organizations such as public bureaucracies and private non-profits is the importance of missions, as opposed to profit, as an organizational goal. Such mission-oriented organizations are frequently staffed by motivated agents who subscribe to the mission....

The paper studies credible information transmission by governments. A group of heterogenous individuals have to make private investment and labour supply decisions while relying on the government for information about investment returns. The government consists of an elected citizen who chooses...

The welfare economic method for analyzing the case for government intervention is often criticised for ignoring the political determination of policies. The standard method of accounting for this critique studies the case for intervention under the constraint that the level of the instrument in...

One of the most striking changes in labor market policy of the past fifty years has come in the form of legislation to limit discrimination in the workplace based on race, gender, disability and age. If such measures are to be effective in ending discrimination, they need to be enforced. The...

This paper studies determinants of MPs expense claims in Parliament using the data released under the freedom of information act in 2004. Using a multiple regression framework, we correlate expenses with three sets of variables: constituency characteristics, party affiliation and individual...

This paper uses household data from India to examine the economic and social status of village politicians, and how individual and village characteristics areg;ect politician behavior while in oplusmn;ce. Education increases the chances of selection to public oplusmn;ce and reduces the odds that...

This paper explores the logic of amp;scal restraints in a political agency model with both moral hazard and adverse selection. The role of the political process is both to discipline incumbents who may act against the public interest and to sort in those politicians who are most likely act in...

It has long been recognized that the media play an essential role in government accountability. However, even in the absence of censorship, the government may influence news content by maintaining a quot;cozyquot; relationship with the media. This paper develops a model of democratic politics in...

One of the most cherished propositions in economics is that market competition by and large raises consumer welfare. But whether political competition has similarly virtuous consequences is far less discussed. This paper formulates a model to explain why political competition may enhance...