Results 11 to 20 of about 74,567 (47)

Bureaucrats or Politicians? Part I: A Single Policy Task

open access: yes, 2007
This paper investigates the normative criteria that guide the allocation of a policy task to an elected politician versus an independent bureaucrat. The bureaucrat is preferable for technical tasks for which ability is more important than effort, or if ...
A. Alesina, G. Tabellini
semanticscholar   +1 more source

Migrants at Sea: Unintended Consequences of Search and Rescue Operations

open access: yesSocial Science Research Network
Many countries are facing and resisting strong migratory pressure, fueling irregular migration. In response to mounting deaths in the Central Mediterranean, European nations intensified rescue operations in 2013. We develop a model of irregular migration
C. Deiana   +2 more
semanticscholar   +1 more source

Should They Compete or Should They Cooperate? The View of Agency Theory

open access: yesJournal of Economic Literature
What is the most efficient way of designing incentives in an organization? Over the past five decades, agency theory has provided various answers to this crucial question.
Pierre Fleckinger   +2 more
semanticscholar   +1 more source

Designing Random Allocation Mechanisms: Theory and Applications

open access: yes, 2013
Eric Budish   +3 more
semanticscholar   +1 more source
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An Alternative Explanation for the “Fed Information Effect”

The American Economic Review, 2023
Regressions of private-sector macroeconomic forecast revisions on monetary policy surprises often produce coefficients with signs opposite to standard macroeconomic models.
Michal Bauer, Eric T Swanson
semanticscholar   +1 more source

Information Design: A Unified Perspective

Journal of Economic Literature, 2017
Given a game with uncertain payoffs, information design analyzes the extent to which the provision of information alone can influence the behavior of the players.
D. Bergemann, S. Morris
semanticscholar   +1 more source

Targeting High Ability Entrepreneurs Using Community Information: Mechanism Design in the Field

The American Economic Review, 2022
Identifying high-growth microentrepreneurs in low-income countries remains a challenge due to a scarcity of verifiable information. With a cash grant experiment in India we demonstrate that community knowledge can help target high-growth ...
Reshmaan N. Hussam   +2 more
semanticscholar   +1 more source

Competition under Incomplete Contracts and the Design of Procurement Policies

The American Economic Review
We study the effects of intensifying competition for contracts in the context of US Defense procurement. Leveraging a discontinuous regulation that mandates agencies to publicize certain contract opportunities, we document that expanding the set of ...
R. Carril   +2 more
semanticscholar   +1 more source

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