Governmental failures in evaluating programs
AbstractConsider a government that adopts a program, sees a noisy signal about its success, and decides whether to continue the program. Suppose further that the success of a program is greater if people think it will be continued. This paper considers outcomes when government cannot commit. We find that welfare can be higher when information is poor, that government should at times commit to continuing a program it believes had failed, and that a government which fears losing power may acquire either too much or too little information. Copyright Kluwer Academic Publishers 1998
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Bibliographic InfoArticle provided by Springer in its journal Public Choice.
Volume (Year): 94 (1998)
Issue (Month): 1 (January)
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Web page: http://www.springerlink.com/link.asp?id=100332
Other versions of this item:
- Amihai Glazer & Refael Hassin, 1994. "Governmental Failures in Evaluating Programs," Public Economics 9406003, EconWPA.
- Glazer, Amihai & Hassin, Refael, 1994. "Governmental Failures in Evaluating Programs," University of California Transportation Center, Working Papers qt4jd2q25f, University of California Transportation Center.
- D6 - Microeconomics - - Welfare Economics
- D7 - Microeconomics - - Analysis of Collective Decision-Making
- H - Public Economics
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