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Standard models of hierarchy assume that agents and middle managers are better informed than principals about how to implement a particular task. We estimate the value of the informational advantage held by supervisors – middle managers – when ministerial leadership – the principal –...
Persistent link: https://www.econbiz.de/10012913385
kleptocrat, yet such cooperation may be defused by imposing punitive rates of taxation on any citizen who proposes such a move …
Persistent link: https://www.econbiz.de/10013240570
We show that isolated capital cities are robustly associated with greater levels of corruption across US states, in …
Persistent link: https://www.econbiz.de/10013082070
A policy of deputization asks agents to monitor others without providing explicit incentives. It is often used to prevent dangerous activities. To calibrate whether and why it works, we study recent laws that deputized financial professionals to help fight elder financial abuse. We show...
Persistent link: https://www.econbiz.de/10014241950
less corrupt governments receive more foreign aid. On the contrary, according to some measures of corruption, more corrupt … governments receive more aid. Also, we could not find any evidence that an increase in foreign aid reduces corruption. In summary …
Persistent link: https://www.econbiz.de/10013224931
In the past, judges have often hired applicants for judicial clerkships as early as the beginning of the second year of law school for positions commencing approximately two years down the road. In the new hiring regime for federal judicial law clerks, by contrast, judges are exhorted to follow...
Persistent link: https://www.econbiz.de/10012759956
This paper links the theory of interest groups influence over the legislature with that of congressional control over the judiciary. The resulting framework reconciles the theoretical literature of lobbying with the negative available evidence on the impact of lobbying over legislative outcomes,...
Persistent link: https://www.econbiz.de/10013225056
We believe that at a deeper level the independent judiciary is not only consistent with, but essential to, the interest-group theory of government. Part I of this paper explains our theory of the independent judiciary. Part II discusses several implications of the theory, relating to...
Persistent link: https://www.econbiz.de/10013232172
Sparked by the killing of George Floyd in police custody, the 2020 Black Lives Matter protests have brought a new wave of attention to the issue of inequality within criminal justice. However, many public health officials have warned that mass protests could lead to a reduction in social...
Persistent link: https://www.econbiz.de/10012830480
Commerce requires trust, but trust is difficult when one group consistently fears expropriation by another. If men have a comparative advantage at violence and there is little rule-of-law, then unequal bargaining power can lead women to segregate into low-return industries and avoid...
Persistent link: https://www.econbiz.de/10012861217