Contents
Government Failure
Literature Review on (Public Administration Theory) Government Failure
In the Encyclopedia of Public Administration and Public Policy, [1] Thomas S. Nesslein offers the following summary about the topic of (Public Administration Theory) Government Failure: This entry presents a contrast between the theory of market failure and the theory of government failure and provides a few key illustrations of potential inefficiencies of political institutions in determining resource allocations. It is suggested that various government failures may be usefully related to the three fundamental structures of all social choice mechanisms, namely, the decision-making structure, the information structure, and the incentive structure. The final sections briefly summarize the existing criticisms of the theory of government failure and suggest that emerging empirical work will greatly aid policy makers in their choice between market and political allocation. For example, strong evidence now exists that support the comparative efficiency of private enterprise over government enterprise.
Resources
Notes and References
- Entry about (Public Administration Theory) Government Failure in the Encyclopedia of Public Administration and Public Policy (2015, Routledge, Oxford, United Kingdom)
See Also
Further Reading
- Global Encyclopedia of Public Administration, Public Policy, and Governance (2018, Springer International Publishing, Germany)
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