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A perfectly competitive economy is an economy without welfare relevant endogenous learning
Nyborg, Karine - 2021
endogenous welfare relevant learning is feasible, the economy cannot be perfectly competitive unless identical learning choices … information is shared, externalities arise. The standard conditions for the two fundamental welfare theorems, thus, implicitly … preclude heterogeneous welfare relevant learning decisions. …
Persistent link: https://www.econbiz.de/10012520083
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Bureaucratic rents and life satisfaction
Lüchinger, Simon (contributor); Meier, Stephan (contributor) - 2006
The monopoly position of the public bureaucracy in providing public services allows government employees to acquire rents. Those rents can involve higher wages, monetary and non-monetary fringe benefits (e.g. pensions and staffing), and/or bribes. We propose a direct measure to capture the total...
Persistent link: https://www.econbiz.de/10003278945
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Enforcement and public corruption : evidence from US states
Alt, James E.; Dreyer Lassen, David - 2010
We use high-quality panel data on corruption convictions, new panels of assistant U.S. attorneys and relative public sector wages, and careful attention to the consequences of modeling endogeneity to estimate the impact of prosecutorial resources on criminal convictions of those who undertake...
Persistent link: https://www.econbiz.de/10008659220
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The effectiveness of revolving door laws : evidence from government debt management
Silano, Filippo - 2022
The increasing presence of the revolving door across several dimensions of statecraft has prompted the introduction of laws addressing the phenomenon's risks. Focusing on executive branches in charge of issuing and managing government debt - debt management units (DMUs) -, this article delivers...
Persistent link: https://www.econbiz.de/10013366878
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Does transparency come at the cost of charitable services? : evidence from investigating British charities
Dang, Canh Thien; Owens, Trudy - 2019
Recent high-profile scandals related to misuse of funding and donations have raised the demand for scrutiny over financial transparency and operational activities of non-profit organizations in developed countries. Our analysis challenges the common practice in the sector of using programme...
Persistent link: https://www.econbiz.de/10011983988
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Transparency of human resource policy
Mellander, Erik - 2014
provided in terms of informational asymmetries, human capital externalities, and long planning horizons. Transparency is … utilization, learning outcomes, the dimensioning of education, and benefits and costs. Finally, suggestions for improved … transparency are considered. These involve devoting resources to research on the measurement of human capital externalities …
Persistent link: https://www.econbiz.de/10010428136
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Indirect savings from public procurement centralization
Lotti, Clarissa; Muço, Arieda; Spagnolo, Giancarlo; … - 2023
appear to be driven by informational externalities, especially for less competent public buyers purchasing technologically …
Persistent link: https://www.econbiz.de/10013542947
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The cost of binge drinking
Francesconi, Marco; James, Jonathan - 2015
-term externalities of binge drinking. We find that these externalities are on average £4.9 billion per year ($7 billion), about £80 for …
Persistent link: https://www.econbiz.de/10010487532
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The cost of binge drinking
Francesconi, Marco; James, Jonathan - 2015
-term externalities of binge drinking. We find that these externalities are on average $4.9 billion per year ($7 billion), about $80 for …
Persistent link: https://www.econbiz.de/10010479918
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Optimal regulation with exemptions
Kaplow, Louis - 2017
Despite decades of research on mechanism design and on many practical aspects of cost-benefit analysis, one of the most basic and ubiquitous features of regulation as actually implemented throughout the world has received little theoretical attention: exemptions for small firms. These firms may...
Persistent link: https://www.econbiz.de/10011772391