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What determines the distribution of information acquired within the hierarchy of a public organization? Without market … processes, the generation and absorption of information in bureaucracy relies on individual actors undertaking costly action to … of the underlying benchmark data. Given public officials' stated reliance on this information to make public policy …
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downsizing and decentralization process observed worldwide after 1975 is itself the result of the information revolution and the … resulting abundance of information. It follows that social demand for freedoms depends in turn—and inversely—on the cost of … information (and thus on market imperfection) as well as on traditional determinants such as the distribution of resources and …
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information among the tax payers, each agent reports the incomes of all players to a central agency, and implementation of every … theory. Partial departures from complete information still allow for implementability. However, under fully private … information implementation is not possible. …
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