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- W2916859246 abstract "The analysis described in this chapter seeks to determine whether municipalities can provide adequate childcare services given the appropriate incentive design using the framework of principal-agent theory. We use the Laffont and Tirole model to show that even with rent-seeking behavior, securing a supply of childcare services and striving to resolve the issue of waiting lists for children would improve social welfare. Specifically, we find that allowing the movement of funds across budget items to raise the salary levels of childcare facility managers and lower the wages of nursery school teachers could solve the issue of long waiting lists." @default.
- W2916859246 created "2019-03-02" @default.
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- W2916859246 date "2019-01-01" @default.
- W2916859246 modified "2023-09-27" @default.
- W2916859246 title "Theoretical Analysis of the Strategic Provision of Public Childcare Service Administration by Private and Public Providers" @default.
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- W2916859246 doi "https://doi.org/10.1007/978-981-13-3107-7_12" @default.
- W2916859246 hasPublicationYear "2019" @default.
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