| 000 -LEADER |
|---|
| fixed length control field |
01044pab a2200181 454500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
|---|
| fixed length control field |
180718b2007 xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
|---|
| Personal name |
Anthon, Signe |
| 245 ## - TITLE STATEMENT |
|---|
| Title |
A bureaucrats procurement strategy: budget constraints and rationing |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
|---|
| Date of publication, distribution, etc. |
2007 |
| 300 ## - PHYSICAL DESCRIPTION |
|---|
| Extent |
p.221-44. |
| 520 ## - SUMMARY, ETC. |
|---|
| Summary, etc. |
We investigate a bureaucratic principal responsible for the procurement of goods and services from private agents. the bureaucrat is evaluated on output and controlled by a limited budget. The agents maximize profit, have private information about variable production costs, and have positive outside options which are lost upon acceptance of a procurement contract. The setting is relevant for, e.g. governmental agencies. We show how this setup makes probabilistic rationing and overproduction for low-cost agents a useful tool for the bureaucrat. - Reproduced. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
Bureaucracy |
| 700 ## - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
Thorsen, Jellesmark |
| 700 ## - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
Bogetoft, Peter |
| 773 ## - HOST ITEM ENTRY |
|---|
| Main entry heading |
Annals of Public and Cooperative Economics |
| 908 ## - PUT COMMAND PARAMETER (RLIN) |
|---|
| Put command parameter |
N |
| 909 ## - |
|---|
| -- |
74758 |
