This paper builds on a previous series of papers (see Claessens, Glaessner, and Klingebiel, 2001, 2002) that identified electronic security as a key component to the delivery of electronic finance benefits. This paper and its technical annexes (available separately at...

Mientras varios paises de America Latina, el Caribe y otras regiones avanzan a la segunda fase de participacion privada en programas de infraestructura hay varias inquietudes que quedan por resolver respecto de los resultados de la primera fase. Estas preocupaciones hacen que los Gobiernos...

Tournament contracts are characterized that simultaneously elicit first-best efficient effort levels and self -selection of risk-neutral heterogeneous workers into ability-specific contracts. Comparisons across self-selected ability types are shown to be sometimes necessary to attain efficiency....