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In this paper we study the functioning of representative democracy when politicians are better informed than the electorate about conditions relevant for policy choice. We consider a model with two states of the world. The distribution of voters' preferred policies shifts with the state. The two...
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knowledge sharing and to discover the characteristics that result in differences within the revealed competence groups. The data … was analyzed using Principal Component Analysis and seven different competence groups were identified. Furthermore this … research investigated whether there were differences within selected competence groups (social competencies connected with co …
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and the low-motivation of managers to invest in skill development. This is the so-called "competence paradox", according … to which firms investing in their employees' competence development simultaneously increase the risk that these employees … variety of competence development and training in the SMEs. …
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