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Lindqvist, Erik - 2008

I develop a model of public sector contracting based on the multitask framework by Holmström and Milgrom (1991). In this model, an agent can put effort into increasing the quality of a service or reducing costs. Being residual claimants, private owners have stronger incentives to cut costs than...

Persistent link: https://www.econbiz.de/10010320112

Privatization of Credence Goods: Theory and an Application to Residential Youth Care

Lindqvist, Erik - 2008

A wide range of services provided by the public sector are credence goods, i.e., services for which the producer has private information whether a certain treatment is needed or not. This paper studies how ownership affects the incentives for producers to reveal such information to public...

Persistent link: https://www.econbiz.de/10010320219

Will privatization reduce costs?

Lindqvist, Erik - 2007

Persistent link: https://www.econbiz.de/10010281289

Essays on network industries: privatization, regulation, and productivity measurement

Kuhlmann, Andreas - 2007

subject of this study is the analysis of network industries with particular emphasis on privatization in this field in general … is threefold. The chapter on privatization is based on a theoretical model, followed by a chapter on the institutional …

Persistent link: https://www.econbiz.de/10011698334

Privatisation in OECD Countries: Theoretical Reasons and Results Obtained

Schneider, Friedrich - In: CESifo DICE Report 01 (2003) 3, pp. 24-29

Persistent link: https://www.econbiz.de/10011696441

What Can be Learned from Continental Europe's Largest Privatisation Program? – Italy 1993 to 2003

Goldstein, Andrea - In: CESifo DICE Report 02 (2004) 1, pp. 40-48

Persistent link: https://www.econbiz.de/10011696464

The Political Economy of Privatization: Why Do Governments Want Reforms?

Boerner, Kira - 2004

International organizations promote privatization as precondition for economic development. But is there really too … little privatization? This political economy model asks for the incentives of governments to privatize or restructure a state …-owned firm. Different government types are compared to identify the political and institutional determinants of privatization …

Persistent link: https://www.econbiz.de/10011324980

Share Issuing Privatizations in China: Determinants of Public Share Allocation and Underpricing

Quan, Qi; Huyghebaert, Nancy - 2005

Using data on 451 Chinese privatizations over the period 1994-2002, this paper empirically investigates the firm and stock market characteristics that detfirmine the size of the portion of new shares sold to the general public and underpricing at SIP-time. We find that poor perfirmance and...

Persistent link: https://www.econbiz.de/10010313366

Optimal provision of public goods: a synthesis

Kreiner, Claus Thustrup; Verdelin, Nicolaj - 2009

There currently exist two competing approaches in the literature on the optimal provision of public goods. The standard approach highlights the importance of distortionary taxation and distributional concerns. The new approach neutralizes distributional concerns by adjusting the non-linear...

Persistent link: https://www.econbiz.de/10010264551

Expanding the welfare system: a proposal for reform

Orszag, Jonathan Michael; Snower, Dennis J. - In: The welfare state in Europe: Challenges and reforms, (pp. 101-117). 1998

The proposal involves the establishment of 'welfare accounts' for every person in a country. There are to be four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account (covering education and training), and a health...

Persistent link: https://www.econbiz.de/10010313982

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