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The Economics of Career Concerns, Part II: Application to Missions and Accountability of Government Agencies
Abstract
The paper uses a simple multitask career concern model in order to analyse the incentives of government agencies' officials. Incentives are impaired by the agency pursuing multiple missions. A lack of focus is even more problematic in the case of fuzzy missions, that is when outsiders are uncertain about the exact nature of the missions actually pursued by the agency. Consequently agencies pursuing multiple missions receive less autonomy. The paper further shows that professionalization creates a sense of mission for the agency, and that the specialization of officials raises their incentives. Last, the paper compares its predictions with the stylized facts on Government bureaucracies.
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Citations
Cites
Financial intermediation and delegated monitoring
Diamond, D. W. (1984) · The Review of Economic Studies · doi:10.2307/2297430 · Cited by 8,476
Managerial Incentive Problems: A Dynamic Perspective
Holmstrom, B. (1999) · Review of Economic Studies · doi:10.1111/1467-937x.00083 · Cited by 3,172
Cited by
Individual and Corporate Social Responsibility
BÉNABOU, R., & TIROLE, J. (2010) · Economica · doi:10.1111/j.1468-0335.2009.00843.x · Cited by 2,237
Chen, Y. J., Li, P., & Lu, Y. (2018) · Journal of Development Economics · doi:10.1016/j.jdeveco.2018.02.001 · Cited by 678
The use of performance measurement systems in the public sector: Effects on performance
Speklé, R. F., & Verbeeten, F. H. M. (2014) · Management Accounting Research · doi:10.1016/j.mar.2013.07.004 · Cited by 448
China's Local Political Budget Cycles
Guo, G. (2009) · American Journal of Political Science · doi:10.1111/j.1540-5907.2009.00390.x · Cited by 417
Bureaucrats or politicians? Part II: Multiple policy tasks
Alesina, A., & Tabellini, G. (2008) · Journal of Public Economics · doi:10.1016/j.jpubeco.2007.06.004 · Cited by 334
Metadata
- Authors
- Dewatripont, M., Jewitt, I., & Tirole, J.
- Venue
- Review of Economic Studies
- Publisher
- Oxford University Press (OUP)
- Published
- 1999-01
- Volume
- 66
- Issue
- 1
- Pages
- 199-217
- ISSN
- 0034-6527 (ISSN-L)
- 1467-937X
- OpenAlex
- W2011373323
- Cited by
- 575
- References
- 2
- FWCI
- 47.82
- Type
- journal article
- Language
- en
- Open access
- closed
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- Dewatripont, M., Jewitt, I., & Tirole, J. (1999). The Economics of Career Concerns, Part II: Application to Missions and Accountability of Government Agencies. Review of Economic Studies. https://doi.org/10.1111/1467-937x.00085
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
