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How government can forge dynamic public-private partnerships All too often government lacks the skill, the will, and the wallet to meet its missions. Schools fall short of the mark while roads and bridges fall into disrepair. Health care costs too much and delivers too little. Budgets bleed red ink as the cost of services citizens want outstrips the taxes they are willing to pay. Collaborative Governance is the first book to offer solutions by demonstrating how government at every level can engage the private sector to overcome seemingly insurmountable problems and achieve public goals more effectively. John Donahue and Richard Zeckhauser show how the public sector can harness private expert...
These essays by contributors from disciplines ranging from economics to psychology present the most significant advances in strategic choice theory. In three parts the book addresses many-player, few-player and one-player situations.
An analysis of Italian Renaissance art from the perspective of the patrons who made 'conspicuous commissions', this text builds on three concepts from the economics of information - signaling, signposting, and stretching - to develop a systematic methodology for assessing the meaning of patronage.
This comparative study allows decision-makers to understand and use public-private collaboration to achieve governance goals.
Each year, hundreds of thousands of high school seniors compete in a game they’ll play only once, whose rules they do not fully understand, yet whose consequences are enormous. The game is college admissions, and applying early to an elite school is one way to win. But the early admissions process is enigmatic and flawed. It can easily lead students toward hasty or misinformed decisions. This book—based on the careful examination of more than 500,000 college applications to fourteen elite colleges and hundreds of interviews with students, counselors, and admissions officers—provides an extraordinarily thorough analysis of early admissions. In clear language it details the advantages an...
Experts in economics, psychology, statistics, and decision theory explore the question of how to make wise choices that improve the welfare of individuals and society
These essays by well-known scholars present the most significant recent advances in strategic choice theory.
This provocative book does not offer easy or complete answers, but it raises questions and suggests reforms that no one with a serious interest in policy effectiveness can afford to ignore. By turns incisive, probing, and courageous, this book will generate vigorous and essential debate.
A clear understanding of what we know, don't know, and can't know should guide any reasonable approach to managing financial risk, yet the most widely used measure in finance today--Value at Risk, or VaR--reduces these risks to a single number, creating a false sense of security among risk managers, executives, and regulators. This book introduces a more realistic and holistic framework called KuU --the K nown, the u nknown, and the U nknowable--that enables one to conceptualize the different kinds of financial risks and design effective strategies for managing them. Bringing together contributions by leaders in finance and economics, this book pushes toward robustifying policies, portfolios...
The vital debates on government today are concerned with its social role, its participation in the economy, and its redistributive responsibilities. These functions, not defined in the Constitution, reflect the evolution of society and its values and the powerful but jerky hand of the political process.