01031pab a2200133 454500008004000000100001800040245008700058260000900145300001500154362000800169520067300177650001800850773002900868180718b2009 xxu||||| |||| 00| 0 eng d aleaver, Clare aBureaucratic minimal squawk behavior: theory and evidence from regulatory agencies c2009 ap.572-607. aJun aThis paper develops a model in which a desire to avoid criticism prompts otherwise public-spirited bureaucrats to behave inefficiently. Decisions are taken to keep interest groups quiet and to keep mistakes out of the public eye. The policy implications of this "minimal squqawk" behavior are at odds with the view that agencies should be structured to minimize the threat of "capture". An empirical test using data from US State Public Utility Commissions rejects the capture hypothesis and is consistent with the squawk hypothesis: longer PUC terms of office are associated with a higher incidence of rate reviews and lower household electricity bills. - Reproduced. aCivil service aAmerican Economic Review