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The development of New Institutional Economics (NIE), and especially its core components agency theory, property rights economics and transaction costs economics, appears to have provided policy analysts with powerful tools for the analysis of public sector organisational behaviour and design....
Persistent link: https://www.econbiz.de/10005218194
Economic theories of nonprofit organizations (NPOs) have modified standard economic assumptions to explain altruism and nonprofit entrepreneurship but have neglected their dependence on leadership due to the traditional reluctance of economists to consider phenomena associated with preference...
Persistent link: https://www.econbiz.de/10005156371
Many developed nations have embarked on public sector reform programs based on the New Public Management (NPM) paradigm. This article seeks to evaluate the efficacy of NPM reform strategies as a means of dealing with the problem of "government failure" in public sector hierarchies by examining...
Persistent link: https://www.econbiz.de/10005156415
Australian local government has experienced a series of reforms directed at increasing economic efficiency. An important element in the reform program has been the development of a number of partial indicators of local government service delivery in the states and territories. This paper...
Persistent link: https://www.econbiz.de/10005663324