Both conventional wisdom and leading academic research view pork barrel spendingas antithetical to responsible policymaking in times of crisis. In this paper we presentan alternative view. When agents are heterogeneous in their ideology and in theirinformation about the economic situation,...

Unanimous voting as the fundamental procedural source of political legitimacy grants vetopower to each individual. We present an axiomatic characterization of a class of biddingprocesses to spell out the underlying egalitarian values for collective projects of a“productive state”. At heart...

Die Innenministerkonferenz der Länder hat sich für eine grundlegende Reform desGemeindehaushaltsrechts ausgesprochen. Absicht der Reform ist die Abkehr von derverrichtungsorientierten Steuerung der Verwaltung, hin zu einer ergebnisorientiertenSteuerung. Das neue kommunale Haushalts- und...

Dieser Beitrag untersucht die Möglichkeiten der Bewertung von Kunst- undKulturgegenständen im neuen doppischen Finanzwesen der Kommunen im Kontextzum Zweck der Bilanzierung und schließt mit einem Modellvorschlag zur Ermittlungdes Erhaltungsaufwandes. Die ergebnisorientierte Steuerung und die...

This paper addresses the personal linkages between the public administration and the legislaturethat emerge because public servants pursue a political mandate. There are concernsthat the strong representation of bureaucrats in many Western parliaments compromises theconstitutionally proposed...

This paper addresses the personal linkages between the public service and the legislaturethat emerge because public servants pursue a political mandate. There are concerns thatthe strong representation of public servants in many Western parliaments compromises theconstitutionally proposed...

Der entwicklungsökonomische Diskurs ist aktuell geprägt durch eine kontroverseDebatte zwischen Jeffrey Sachs und William Easterly. Der Beitrag rekonstruiert beide Ansätze aus ordonomischer Perspektive. Er argumentiert, dass eine auf Kooperation angelegte Semantik vergleichsweise besser...

This paper theoretically and empirically analyzes the interaction of emigration of highly skilled labor, an economy`s income gap to potential host economies of expatriates, and optimal public infrastructure investment. In a model with endogenous education and R&D investment decisions we show...

In important situations, individual decision-making is systematically biased. Whendeciding (rather than consuming), extrinsic attributes of choice options are more salient thanintrinsic attributes. People overestimate extrinsic attributes and therefore put too much effortinto acquiring income...

In this paper the importance and the effects of technological opportunities, stemming from academic research, on the innovation activities of firms in the German automobile supplyindustry are investigated.