Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
¶ … Inefficient Redistribution" by Daron Acemoglu and James A. Robinson, the authors describe their theory about how inefficient redistribution of government funds may occur. The authors assert that very often policy cycles emerge that make inefficiency "a tool to sustain political power in situations where; (1) the political influence of a group depends on its size, and (2) political institutions cannot credibly commit to future policy."
Redistributive policies can be divided into two types: Inefficient Targeting, which promotes entrance into low productivity sectors; and Inefficient Conditioning which promotes production to a point where it is no longer efficient. Acemoglu and Robinson claim that politicians and policymakers exploit people's lack of economic expertise to target and condition them toward inefficient redistribution.
Acemoglu and Robinson have developed a theory to explain the reasoning of inefficient...
There are obvious, direct effects to individual incomes in the system being redistributed by the government in the course of collecting and spending the national product: taxes are not collected from and government services distributed to income-receivers in equal or even comparable proportions. These disproportionate shares mean that some units are paying more and others less than they receive from government activity. A distribution of income which includes such disproportions must differ from the distribution which existed 'before' the government entered the system.
Fundamental organizational problems recur over time, in most agencies, and at a variety of governmental and administrative levels. Because the problems have been frequently confronted before, alternative responses and their consequences are often known. In some cases, however, the administrator…
Benefit Analysis Introduction and Analysis of the Project: Cost-Benefit Analysis of Proposed New Health Warnings on Tobacco Products (Report, 2003) The new regulation introduced in July 2004 to be implemented for all the years till 2030, have significant cost impact on the economy. Certain benefits are also associated with it, the primary ones include health improvement, increased revenues for non-tobacco industry and the decreased healthcare expense. The major costs are related
Typically, discounting provides an accurate way to assess the economic impact of a project. To use a discounting to evaluate the costs and benefits of the National Guard Armory, the report analyzes the demand for the Massachusetts State National Guard Armory in the last three years. The Massachusetts government derives revenues from leasing and renting the National Guard Armory and people in the state derive the following benefits from renting
Benefit Analysis Memorandum Cost-Benefit Analysis Cost-benefit analyses are routinely conducted for federal programs and proposed federal programs. The researchers propose a cost-benefit analysis for homeland security expenditures designed to address conventional threats to national security. An evaluation of catastrophic threats is specifically excluded from this analysis as only 14% of the federal homeland security budget is directed at the prevention of catastrophic threats to national security. The recommendation from the authors
Vaughan, J.L., Leming, M.L.M., Liu, M., & Jaselskis, E., 2013. Cost-Benefit Analysis of Construction Information Management System Implementation: Case Study. Journal of Construction Engineering and Management. Managers working within construction projects encounter significant expenditure of resources in collecting project data, evaluating production rates, and exchanging information with project stakeholders. The paper focuses on the execution of project tasks through manual reduction of inefficiency as well as improved effective operations in
Cost Benefit Analysis and the City’s Water Dilemma Introduction This memorandum focuses on describing the value of cost benefit analysis. It does so by applying the first four steps of the U.S. Army Cost Benefit Analysis Guide as they relate to the city’s need to increase its water treatment capacity. The purpose of this memorandum is not to take the faculty of judgment away from any council member but rather to show
Gun Laws Cost-benefit Analysis: Cost Benefit Analysis (CBA) is the method with the help of which the answer to the question of "did the spending serve its purpose?" is obtained. It is an analytical process of measuring the utility of an interventional process or ways and methods of reaching and objective. In the domain of crime prevention, the programs carried out are subjected to this analysis among others by the Australian government