On Thu, 27 Jan 2000 13:32:11 +1200 Thomas Forster
<[log in to unmask]> wrote:
>
> Good Analysis Basil. I however feel that the principal-agent model
> should be expanded further and not only be confined to the level of
> top government and officials. The principal-agent model I feel also
> applies between top government officials being the agents here and
> the general public being the principals. Corruption is at all levels
> and we (the public) as principals have entrusted the
> government/politicians through the political process to run the
> country on our behalf because we are unable to do so and that is
> what democracy is about (in my opinion). However, we should be able
> to provide sufficient incentives for the agents (the government) from
> shirking in their responsibilities and serving their own
> self-interest.
>
> Tom
>
Hi Tom
I totally agree with you. The principal-agent concept can
be applied to the general public and the government. How is
life down in kiwi country.
Cheers
basil
> ----------------------------------------------------------------------------
>
> To unsubscribe/subscribe or view archives of postings, go to the Gambia-L
> Web interface at: http://maelstrom.stjohns.edu/archives/gambia-l.html
>
> ----------------------------------------------------------------------------
----------------------
B.M.Jones
[log in to unmask]
----------------------------------------------------------------------------
To unsubscribe/subscribe or view archives of postings, go to the Gambia-L
Web interface at: http://maelstrom.stjohns.edu/archives/gambia-l.html
----------------------------------------------------------------------------