๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

A Principal-agent Theory of the Public Economy and Its Applications to China

โœ Scribed by Weiying Zhang

Book ID
111530054
Publisher
Springer US
Year
1998
Tongue
English
Weight
119 KB
Volume
31
Category
Article
ISSN
1573-9414

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The principal and agent relationship is important in the public sector. There, elected or appointed representatives act on behalf of the citizens of their jurisdictions. This paper examines the importance of the budget referendum, which allows the principals to approve or disapprove the proposal of