Performance management, gaming and regulatory monitoring: a theoretical model and applications
Shlomo Mizrahi and
Yizhaq Minchuk
Public Management Review, 2023, vol. 25, issue 6, 1152-1168
Abstract:
This paper addresses the problems of gaming behaviour as expressed in untruthful reporting, manipulation of data and performance measures, and distortion of information. We apply game-theoretical principal-agent reasoning that refers to the marginal costs and benefits of gaming and oversight, pointing to policy measures for ensuring more effort exerted in productive activity rather than in gaming activity. These measures are the regulatory monitoring of agents’ activities rather than the control and supervision of them. We base our suggestions on behavioural economics and nudge research. Regulatory monitoring mechanisms are transparent and ‘soft’, so they moderate the adversarial nature of principal-agent relations.
Date: 2023
References: Add references at CitEc
Citations:
Downloads: (external link)
http://hdl.handle.net/10.1080/14719037.2021.2007668 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:taf:rpxmxx:v:25:y:2023:i:6:p:1152-1168
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rpxm20
DOI: 10.1080/14719037.2021.2007668
Access Statistics for this article
Public Management Review is currently edited by Stephen P. Osborne
More articles in Public Management Review from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().