Decentralization and local public goods: getting the incentives right
The paper addresses the nature and locus of appropriate government control in the provision of collective services. It suggests some useful principles for determining organizational structures with the appropriate degree and form of decentralization, which is seen to be an important part of incentive compatibility. In the case of low-income housing it cites the privatization of sites and services and devolution of upgrading as two promising models of decentralization.
|Date of creation:||Jun 1989|
|Date of revision:|
|Publication status:||Published in Philippine Review of Economics and Business 1.26(1989): pp. 1-13|
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Web page: http://mpra.ub.uni-muenchen.de
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- Harberger, Arnold C, 1978.
"On the Use of Distributional Weights in Social Cost-Benefit Analysis,"
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- Groves, Theodore & Ledyard, John O, 1977.
"Optimal Allocation of Public Goods: A Solution to the "Free Rider" Problem,"
Econometric Society, vol. 45(4), pages 783-809, May.
- Theodore Groves & John Ledyard, 1976. "Optimal Allocation of Public Goods: A Solution to the 'Free Rider Problem'," Discussion Papers 144, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Smith, Vernon L, 1980. "Experiments with a Decentralized Mechanism for Public Good Decisions," American Economic Review, American Economic Association, vol. 70(4), pages 584-99, September.
- Demsetz, Harold, 1969. "Information and Efficiency: Another Viewpoint," Journal of Law and Economics, University of Chicago Press, vol. 12(1), pages 1-22, April.
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