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Learning Dynamics and the Support for Economic Reforms: Why Good News can be Bad

van Wijnbergen, Sweder; Willems, Tim - 2012

Support for economic reforms has often shown puzzling dynamics: there are many examples of reforms that started off successfully but nevertheless lost public support, and vice versa. We show that learning dynamics can rationalize this apparent paradox, the reason being that the process of...

Persistent link: https://www.econbiz.de/10010326523

Managerial Talent, Motivation, and Self-Selection into Public Management

Delfgaauw, Josse; Dur, Robert - 2021

The quality of public management is a recurrent concern in many countries. Calls to attract the economy's best and brightest managers to the public sector abound. This paper studies self-selection into managerial and non-managerial positions in the public and private sector, using a model of a...

Persistent link: https://www.econbiz.de/10013316467

Dedicated Doctors : Public and Private Provision of Health Care with Altruistic Physicians

Delfgaauw, Josse - 2010

Physicians are supposed to serve patients' interests, but some are more inclined to do so than others. This paper studies how the system of health care provision affects the allocation of patients to physicians when physicians differ in altruism. We show that allowing for private provision of...

Persistent link: https://www.econbiz.de/10014053269

Audit Rates and Compliance : A Field Experiment in Long-Term Care

Lindeboom, Maarten; van der Klaauw, Bas; Vriend, Sandra - 2014

We provide evidence from a large-scale field experiment on the causal effects of audit rules on compliance in a market for long-term care. In this setting care should be provided quickly and, therefore, the gatekeeper introduced ex-post auditing. Our results do not show significant effects of...

Persistent link: https://www.econbiz.de/10014147416

From Public Monopsony to Competitive Market: More Efficiency but Higher Prices

Delfgaauw, Josse; Dur, Robert A.J. - 2002

This paper examines the consequences of creating a fully competitive market in a sector previously dominated by a cost-minimizing public firm. Workers in the economy are heterogeneous in their intrinsic motivation to work in the sector. In line with empirical findings, our model implies that...

Persistent link: https://www.econbiz.de/10010325044

Aggressive Reporting and Probabilistic Auditing in a Principles-Based Environment

Bijkerk, Suzanne H.; Karamychev, Vladimir A.; Swank, Otto H. - 2013

We analyze the reporting strategies of firms and the investigation strategies of auditors in an archetype principles-based financial reporting system. To this end, we add a verification stage to a standard cheap-talk game, and apply the resulting game to financial reporting. We show that for a...

Persistent link: https://www.econbiz.de/10010326418

Privatization, Political Risk and Stock Market Development in Emerging Economies

Perotti, Enrico C.; van Oijen, Pieter - 1999

This paper investigates whether privatization in emerging economies has a significant indirect effect on local stock … market development through the resolution of political risk. We argue that a sustained privatization program represents a … regulatory and private property rights. We present evidence suggesting that progress in privatization is indeed correlated with …

Persistent link: https://www.econbiz.de/10010324472

Welfare Effects of Road Pricing and Traffic Information Under Alternative Ownership Regimes

Gubins, Sergejs - 2010

This paper models strategic interactions between a product supplier, a provider of information about product quality, and end users, in the context of road transportation. Using a game-theoretical analysis of suppliers' pricing strategies, we assess the social welfare effects of traffic...

Persistent link: https://www.econbiz.de/10013138513

Social Preferences in Private Decisions

Linde, Jona - 2012

Social preference models were originally constructed to explain two things: why people spend money to affect the earnings of others and why the income of others influences reported happiness. We test these models in a novel experimental situation where participants face a risky decision that...

Persistent link: https://www.econbiz.de/10013112999

Auctions for Private Congestible Infrastructures

van den Berg, Vincent A.C - 2013

This paper investigates regulation by auctions of private supply of congestible infrastructures in two networks … welfare than no regulation, because firms set very high capacities and usage fees. Conversely, an auction on generalised price …

Persistent link: https://www.econbiz.de/10014166117

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