Governmental failures in evaluating programs
Amihai Glazer and
Refael Hassin
Public Choice, 1998, vol. 94, issue 1, 105-115
Abstract:
Consider a government that adopts a program, sees a noisy signal about its success, and decides whether to continue the program. Suppose further that the success of a program is greater if people think it will be continued. This paper considers outcomes when government cannot commit. We find that welfare can be higher when information is poor, that government should at times commit to continuing a program it believes had failed, and that a government which fears losing power may acquire either too much or too little information. Copyright Kluwer Academic Publishers 1998
Date: 1998
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Journal Article: Governmental Failures in Evaluating Programs (1998) 
Working Paper: Governmental Failures in Evaluating Programs (1994) 
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Persistent link: https://EconPapers.repec.org/RePEc:kap:pubcho:v:94:y:1998:i:1:p:105-115
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DOI: 10.1023/A:1017987821453
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