Contracts offered by bureaucrats

A-Tier
Journal: RAND Journal of Economics
Year: 2013
Volume: 44
Issue: 4
Pages: 686-711

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

type="main"> <p>We examine the power of incentives in bureaucracies by studying contracts offered by a bureaucrat to her agent. The bureaucrat operates under a fixed budget, optimally chosen by a funding authority, and she can engage in policy drift, which we define as inversely related to her intrinsic motivation. Interaction between a fixed budget and policy drift results in low-powered incentives. We discuss how the bureaucrat may benefit from stricter accountability as it leads to larger budgets. Low-powered incentives remain even in an alternative centralized setting, where the funding authority contracts directly with the agent using the bureaucrat to monitor output.

Technical Details

RePEc Handle
repec:bla:randje:v:44:y:2013:i:4:p:686-711
Journal Field
Industrial Organization
Author Count
3
Added to Database
2026-01-25