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An emphasis on public-private partnership (PPP) in the regulatory policy process can overcome the challenges hindering regulatory effectiveness with the emergence of fast developing technologies and new industries. This study attempts to evaluate quantitatively different aspects of institutional...
Persistent link: https://www.econbiz.de/10012110532
accountability and asserting responsibility? An analysis of the reports and documents concerning the Polish public finance sector … effectiveness and efficiency, which are of key importance in terms of accountability. The aim of the article is to analyse the … requirements and standards in the field of openness and transparency insofar as these concern the responsibility and accountability …
Persistent link: https://www.econbiz.de/10012011843
We analyze the impact of elected competitors from the same constituency on legislative shirking in the German Bundestag from 1953 to 2017. The German electoral system ensures at least one federal legislator per constituency with a varying number of elected competitors between zero to four from...
Persistent link: https://www.econbiz.de/10014501459
Transparency of public management is fundamental to bringing citizens closer to public managers and as such universally considered an element of good governance. The main aim of this study is to identify the factors determining transparency in public management of Portuguese local authorities....
Persistent link: https://www.econbiz.de/10011937430
We present an analytical approach to institutional analysis that draws inspiration from control process engineering in the physical sciences. We characterize smart institutions as having three foundational features. First, smart institutions are context sensitive and expressly allow for a...
Persistent link: https://www.econbiz.de/10011552045
Firms regularly use incentives to motivate their employees to be more productive. However, often little attention is paid to the language used in employment contracts to describe these incentives. It may be more effective to present incentives as entitlements that can be lost by failing to reach...
Persistent link: https://www.econbiz.de/10011573624
We generalize the canonical problem of Nash implementation by allowing agents to voluntarily provide discriminatory signals, i.e. evidence. Evidence can either take the form of hard information or, more generally, have differential but non-prohibitive costs in different states. In such...
Persistent link: https://www.econbiz.de/10011599464
We study the design of mechanisms that implement Lindahl or Walrasian allocations and whose Nash equilibria are dynamically stable for a wide class of adaptive dynamics. We argue that supermodularity is not a desirable stability criterion in this mechanism design context, focusing instead on...
Persistent link: https://www.econbiz.de/10011599472
We consider deterministic dominant strategy implementation in multidimensional dichotomous domains in private values and quasi-linear utility setting. In such multidimensional domains, an agent’s type is characterized by a single number, the value of the agent, and a non-empty set of...
Persistent link: https://www.econbiz.de/10011599488
We investigate a common-value labor setting in which firms interview a worker prior to hiring. When firms have private information about the worker’s value and interview decisions are kept private, many firms may enter the market, interview, and hire with positive probability. When firms’...
Persistent link: https://www.econbiz.de/10011599500