Richard Posner has an interesting paper in Journal of Institutional Economics in which he applied organizational economics (particularly agency theory) to understand why some public organizations, like common law/civil law judiciary systems, can be quite successful in achieving organizational efficiency while others, such as FBI and some federal intelligence agencies, are rather dysfunctional.
Some comments and follow-up papers (including Frey, Roberts, Ostrom, and of course, Posner's own reply) are also interesting and deserve a careful read.
No comments:
Post a Comment