A Virtuous Circle of Governance Contests with Externalities
نویسندگان
چکیده
Governments create contests to allocate resources stakeholders, e.g., grants, contracts. The actions of these stakeholders can generate a positive externality for themselves—the contest winner attract additional outside funding and donations from third-parties who want jump on the winner’s bandwagon. Herein we examine externalities arising created by governance their impact virtuous circle contests. Among various conditions that make virtuous, focus equilibrium expected payoffs difference in them, rent-dissipation rates. Our study shows efficiency depends two key factors: (i) choice contests, player-externality winner-externality, (ii) relative stakeholders’ efforts.
منابع مشابه
From Internal Branding to Cultural Transformation: A Virtuous Circle
No part of this journal may be reproduced or used in any form or by any means without written permission from the publisher, except for noncommercial, educational use including classroom teaching purposes. Product or company names used in this journal are for identification purposes only. Inclusion of the names of the products or companies does not indicate a claim of ownership by IGI Global of...
متن کاملDiscussion Papers in Management From Vicious Circle to Virtuous Circle: Overcoming Compartmentalisation in Management Learning
Arguably one of the greatest challenges faced by management educators is that of curtailing the compartmentalisation that so often characterises the design and delivery of degree programmes at both undergraduate and postgraduate level. A compartmentalised curriculum results in students acquiring a fragmented and distorted view of the nature of management that subsequently informs their practice...
متن کاملThe GhostWriter-2.0 System: Creating a Virtuous Circle in Web 2.0 Product Reviewing
In this paper, we present GhostWriter-2.0, a Case-Based Reasoning system that supports a user who is writing a product review. GhostWriter-2.0’s case base is populated with relevant and helpful reviews from Amazon. It extracts phrases from these reviews and offers these as suggestions to the user. In a trial, users made considerable use of the suggested phrases.
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Sustainability
سال: 2021
ISSN: ['2071-1050']
DOI: https://doi.org/10.3390/su13147766