Ex Post Evaluation of Enforcement: A Principal-Agent Perspective |
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Authors: | Damien Neven Hans Zenger |
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Institution: | (1) European Commission, 1049 Bruxelles, Belgium |
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Abstract: | Summary This paper discusses a number of methodological challenges that ex post evaluation of competition policy faces. We argue that
imprecise measurement and simplified analysis not only lead to unreliable results, but also trigger behavioural responses
by competition authorities. Because evaluation works as an incentive scheme, it has an immediate impact on the way agencies
operate. Faced with simplistic assessment, authorities may be tempted to be overly interventionist, to spend too many resources
and to ignore relevant information. Therefore, a careful design of methodologies is important to ensure that ex post control
does not bring about the very ills it is supposed to cure.
The views expressed are those of the authors and do not necessarily reflect those of DG Competition or the European Commission. |
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Keywords: | ex post evaluation competition policy incentives |
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