Incentives in Government Contracting

by John McMillan and R. Preston McAfee

Could the existing level of government services by provided at a lower cost? This study presents a convincing argument for incentive contracts as a means to this end.
In a typical market economy, payments from the government to firms account for about one-half of government spending (excluding transfer payments). By changing the way in which a government pays the firms from which it procures goods and services, it would be possible to maintain...

• Format: Paperback
• Language: English
• ISBN: 1487581408
• ISBN13: 9781487581404
• Release Date: December 1988
• Publisher: University of Toronto Press
• Length: 182 Pages
• Weight: 0.63 lbs.
• Dimensions: 0.4" x 6.1" x 9.2"