Suchergebnisse

This paper examines a number of issues concerning the effects of monitoring on principals and agents involved in the provision of local authority services subject to competition. It examines, and then extends, existing theoretical work indicating the potential for sub‐optimal outcomes which result from the principal introducing monitoring schemes which focus upon the measurable aspects of the agent's performance. The paper then departs from the received principal‐agent paradigm in order to consider whether monitoring and competitive regimes more generally have negative effects on the welfare and performance of principals and agents in both theory and practice.

This paper examines a number of issues concerning the effects of monitoring on principals & agents involved in the provision of local authority services subject to competition. It examines, & then extends, existing theoretical work indicating the potential for suboptimal outcomes that result from the principal introducing monitoring schemes that focus on the measurable aspects of the agent's performance. The paper then departs from the received principal-agent paradigm in order to consider whether monitoring & competitive regimes more generally have negative effects on the welfare & performance of principals & agents in both theory & practice. 1 Figure, 57 References. Adapted from the source document.

English
The attempts of English central government to control the rents that social housing landlords set for individual properties offer a fruitful example of the role that context and content play in shaping policy implementation. Since the early 1970s there have been three initiatives to assert greater central control over this policy variable. Using a modified version of the conceptual framework proposed by van Meter and van Horn (1975), this article identifies the factors influencing the implementation of each initiative. It concludes by highlighting the role of context, as opposed to the policy design or communication, in getting a policy to 'stick'.