Bureaucratic Minimal Squawk Behavior: Theory and Evidence from Regulatory Agencies.
This paper argues that bureaucrats are susceptible to ‘minimal squawk’ behavior. I develop a simple model in which a desire to avoid criticism can prompt, otherwise publicspirited, bureaucrats to behave inefficiently. Decisions are taken to keep interest groups quiet and mistakes out of the public e...
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| Format: | Working paper |
| Language: | English |
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Department of Economics (University of Oxford)
2006
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