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Author:Fearon, G.
Busch, L.
Title:Auditing and competitive bidding in the public sector
Journal:Journal of Public Economics
2006 : MAY, VOL. 90:4-5, p. 657-678
Index terms:auctions
auditing
bidding
economics
public sector
Language:eng
Abstract:This article studies the effect of a ministry’s budget size on the choice between auditing a (Niskanen)bureau and using competitive bidding in the provision of a publicly funded good. The authors find that the ministry’s marginal expected payoff increases fastest with budget size for auctioning as opposed to auditing.
SCIMA record nr: 261332
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