Private or public? Towards a taxonomy of optimal ownership and management regimes

King, S.; Pitchford, Rohan

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Private or public? Towards a taxonomy of optimal ownership and management regimes

Date

2008

Authors

King, S.

Pitchford, Rohan

Publisher

Blackwell Publishing Ltd

Abstract

We develop a model to assist policy-makers in their choice between private and public ownership for a broad range of activities, based on managers' ability to divert resources through perks or pet projects. Qualitative information is always required to de