Bureaucratic Minimal Squawk Behavior: Theory and Evidence from Regulatory Agencies

Article, Preprint OPEN
Clare Leaver;
(2007)
  • Journal: American Economic Review,volume 99,issue 3 June,pages572-607
  • Related identifiers: doi: 10.1257/aer.99.3.572
  • Subject: Bureaucratic Behavior, Professional Pride, Career Concerns, Regulatory Capture, Dynamic Panel Data Models
    • jel: jel:C23 | jel:L51 | jel:C25 | jel:J45 | jel:L98 | jel:L97 | jel:D73

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 public-spirited, bureaucrats to behave inefficiently. Decisions are taken to keep interest groups quiet a... View more
  • References (21)
    21 references, page 1 of 3

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