The declining talent pool of government.

We consider a government for which success requires high performance by talented ministers. A leader provides incentives to her ministers by firing those who fail. However, the consequent turnover drains a finite talent pool of potential appointees. The severity of the optimal firing rule and minist...

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Váldodahkkit: Dewan, T, Myatt, D
Materiálatiipa: Journal article
Giella:English
Almmustuhtton: Wiley-Blackwell 2010