Artikel

Beyond opportunism: Intermediary loyalty in regulation and governance

Regulators and other governors rely on intermediaries to set and implement policies and to regulate targets. Existing literatures focus heavily on intermediaries of a single type – Opportunists, motivated solely by self‐interest. But intermediaries can also be motivated by different types of loyalty: to leaders (Vassals), to policies (Zealots), or to institutions (Mandarins). While all three types of loyalists are resistant to the traditional problems of opportunism (slacking and capture), each brings pathologies of its own. We explain the behavioral logic of each type of loyalty and analyze the risks and rewards of different intermediary loyalties – both for governors and for the public interest. We illustrate our claims with examples drawn from many different realms of regulation and governance.

Sprache
Englisch

Erschienen in
Journal: Regulation & Governance ; ISSN: 1748-5991 ; Volume: 15 ; Year: 2021 ; Pages: S83-S101 ; Melbourne: John Wiley & Sons Australia, Ltd

Klassifikation
Wirtschaft
Thema
delegation
indirect governance
intermediary
intermediary agency

Ereignis
Geistige Schöpfung
(wer)
Abbott, Kenneth W.
Genschel, Philipp
Snidal, Duncan
Zangl, Bernhard
Ereignis
Veröffentlichung
(wer)
John Wiley & Sons Australia, Ltd
(wo)
Melbourne
(wann)
2021

DOI
doi:10.1111/rego.12434
Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Abbott, Kenneth W.
  • Genschel, Philipp
  • Snidal, Duncan
  • Zangl, Bernhard
  • John Wiley & Sons Australia, Ltd

Entstanden

  • 2021

Ähnliche Objekte (12)