Recent Development and Studies: Public Sector, Information and Incentives

The people of the country would ultimately choose the logic of a democratic administration. Their governance requirements would be decisive in determining the state’s means and aims. In today’s environment, what constitutes real information? Not only in the business sector – market trends and enterprise data – but also in the public sector, there is a search for information. Information and incentives are inextricably linked: leak news, and you get an extra month’s rent. This work began in the public sector and attempts to mimic the critical role of information and its incentives in government. In the history of political thinking, we come across two philosophers, Hobbes and Montesquieu, who are particularly tolerant of the principal-agent framework.

Author (s) Details

Jan-Erik Lane
University of Geneva, Switzerland.

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