The design of public agencies: overcoming agency costs and commitment problems

@inproceedings{Yesilkagit2004TheDO,
  title={The design of public agencies: overcoming agency costs and commitment problems},
  author={Kutsal Yesilkagit},
  year={2004}
}
This article focuses on problems of institutional design from a political perspective. It examines the problems of agentification using a principal–agent framework, and attempts to explain the choices made between problems of commitment and problems of agency. The fundamental problem addressed is the degree of autonomy possible within a broader framework of political control of policy. Copyright © 2004 John Wiley & Sons, Ltd.