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What is incentive theory?

Management Dictionary
Governance, Organizational Theory, Public Management, Strategic Management

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The optimal management of goods and services between the public and private sectors is a major challenge, and incentive theory offers an innovative approach to addressing it. This theory focuses on information asymmetries and seeks to use market mechanisms and institutional incentives to improve the allocation of resources. Incentive theory provides opportunities to enhance efficiency and the quality of services, but its application must be accompanied by appropriate safeguards.

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Keywords

auctions, Incentives, public goods, public procurement, public-private partnerships

Author(s)

BESANGER Serge

Professeur

INSEEC-U

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Organizational Theory

Public Management

Strategic Management

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