Showing 1 - 10 of 9,627
This study assesses the causal effect of the inefficiency of the judicial system on the delay in the execution of public contracts. We apply a border-discontinuity design that leverages the variation in the length of civil proceedings across Italian jurisdictions and a granular dataset of public...
Persistent link: https://www.econbiz.de/10013247606
onerous and even outrageous requirements on tribal governments that violate well-recognized principles of efficiency …
Persistent link: https://www.econbiz.de/10013294323
, focusing on two dimensions of quality of the judiciary, namely efficiency and integrity. We present a multi-layer lobbying …
Persistent link: https://www.econbiz.de/10003971532
This paper explores the feasibility to extend the Standard Cost Model (SCM) for calculating the costs of government regulation by taking all transaction costs into account which stem from the principal/agent relationship between regulatory authorities and economic entities. From that perspective...
Persistent link: https://www.econbiz.de/10011377583
solutions that are theoretically desirable given certain ideal goals (e.g. efficiency) and conditions can be referred to as … political bias. So what role does the political process play in the realisation of PPPs, in the actual design of PPPs, and in … (efficient) PPPs and that it is likely to decrease efficiency either way. A case study for userfinancing PPPs in the transport …
Persistent link: https://www.econbiz.de/10009298105
To a very large extent, politics is agency. Indeed, agent-principal relationships pervade public and public-private behavior. This paper reviews the extensive but not yet integrated literature applying agency concepts to political settings. This includes agency in definitions of politics or...
Persistent link: https://www.econbiz.de/10013074677
In diverse areas – from retirement savings, to fuel economy, to prescription drugs, to consumer credit, to food and beverage consumption – government makes personal decisions for us or helps us make what it sees as better decisions. In other words, government serves as our agent. Understood...
Persistent link: https://www.econbiz.de/10013027459
Independent regulatory agencies face increasing pressure to conduct high-quality economicanalysis of regulations, similar to the regulatory impact analysis conducted by executive branchagencies. Such analysis could be required by evolving judicial doctrines, regulatory reformstatutes, or...
Persistent link: https://www.econbiz.de/10012920576
George Stigler’s “The Theory of Economic Regulation” (1971) is a landmark in the economics of regulation. It used simple public choice reasoning to set out the “capture theory” of regulation whereby “… as a rule, regulation is acquired by the industry and is designed and operated...
Persistent link: https://www.econbiz.de/10013241464
Processing (ADP) - particularly since WWII - has given the IRS wonderful efficiency in sorting through massive amounts of …
Persistent link: https://www.econbiz.de/10014203906