search query: @indexterm Political economy / total: 438
reference: 108 / 438
| Author: | Karpoff, J. M. |
| Title: | Public versus private initiative in Arctic exploration: the effects of incentives and organizational structure |
| Journal: | Journal of Political Economy
2001 : FEB, VOL. 109:1, p. 38-78 |
| Index terms: | Political economy Econometric models Economic history |
| Language: | eng |
| Abstract: | The author uses historical data on Arctic exploration to examine the relative efficiencies of public and private initiative, support, and control. Anecdotal evidence indicates that privately funded expeditions achieved most of the major Arctic prizes, whereas publicly funded expeditions constitute the greatest tragedies. |
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