摘要：The principal-agent models may be employed to elucidate central problems in interaction between principals and agents in both policy implementation and public policy-making concerning performance and remuneration. One then hits upon the double principal-agent relationships that are typical of the policy cycle, from policy-making to policy implementation and back: 1) government as principal for agents in public service delivery; 2) the population as principal for political agents under various forms of rulership.
关键词：Principal-Agent Interaction; Asymmetric Information; Moral Hazard; Adverse Selection; Bureaucracy; New Public Management; Rule of Law; Long-Term Contracting; Short-Term Contracting; Looting
