| 000 -LEADER |
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| fixed length control field |
01126pab a2200157 454500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
180718b2001 xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Dollery, Brian |
| 245 ## - TITLE STATEMENT |
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| Title |
New institutional economics and the analysis of the public sector |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
|---|
| Date of publication, distribution, etc. |
2001 |
| 300 ## - PHYSICAL DESCRIPTION |
|---|
| Extent |
p.185-210 |
| 362 ## - DATES OF PUBLICATION AND/OR SEQUENTIAL DESIGNATION |
|---|
| Dates of publication and/or sequential designation |
Spring |
| 520 ## - SUMMARY, ETC. |
|---|
| Summary, etc. |
The development of New Institutional Economics (NIE), and especially its core components agency theory, property rights economics and transaction costs economics, appears to have provided policy analysts with powerful tools for the analysis of public sector organisational behaviour and design. In particular, the adoption by NIE of the concept of "bounded rationality" and its employment of a "comparative institutions" approach to the question of economic efficiency seems especially applicable to public bureaucracies. However, NIE is difficult to define with any degree of precision and may well possess an inherent bias towards normative policy prescription favouring market solutions to public sector problems. Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name entry element |
Public sector |
| 773 ## - HOST ITEM ENTRY |
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| Main entry heading |
Policy Studies Review |
| 909 ## - |
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| -- |
48776 |
