Specificità e problemi applicativi delle retribuzioni incentivanti collegate alla performance nel pubblico impiego: un'analisi economica
Referring to results obtained by the economic theory of contracts and incentives, this paper aims to analyse and discuss specificity and application problems with the introduction of performance-related-pay in the civil service. In particular, a simplified agency model "à la" Holmstrom and Milgrom (1991) is presented and its results are then extended according to the multi-principal logic in order to consider the effects produced on public agents' incentives by the multidimensionality of objectives and the presence of multiple political and institutional principals which characterise the Public Administration. It is shown as these aspects, which in the public sector are strictly connected with the goal of social welfare, can strongly reduce the power of incentives for civil servants; various cases and examples are presented and discussed. Furthermore, reasons for which such problems are more severe in the public than in the private sector are analysed in detail and some policy implications are discussed.
Volume (Year): (2004)
Issue (Month): 2 ()
|Contact details of provider:|| |
When requesting a correction, please mention this item's handle: RePEc:mul:je8794:doi:10.1429/14109:y:2004:i:2:p:271. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.