The entanglement of time and cost deviations in public projects

2021 ◽  
Author(s):  
Francisco Pinheiro Catalão ◽  
Carlos Oliveira Cruz ◽  
Joaquim Miranda Sarmento
Keyword(s):  
Public Projects

Initiative budgeting: experience of Russian regions

2019 ◽  
Vol 39 (2) ◽  
pp. 114-122
Author(s):  
N. A. Lysova
Keyword(s):  
Decision Making ◽  
Russian Regions ◽  
Participatory Budgeting ◽  
Public Projects ◽  
Russian Model

Experience of participatory budgeting in municipalities of Russian regions is reviewed in the paper. Forms of participation of the population in decision-making, as well as in the selection, realization and co-financing of public projects have been investigated. The analysis of the practices made it possible to identify the features and prospects of the Russian model of initiative budgeting.

scholarly journals Electoral Incentives and the Allocation of Public Funds

2020 ◽  
Author(s):  
Frederico Finan ◽  
Maurizio Mazzocco
Keyword(s):  
Electoral System ◽  
Policy Reforms ◽  
Public Funds ◽  
Term Limit ◽  
The Public ◽  
Public Projects ◽  
Electoral Incentives ◽  
Using Data ◽  
The One ◽  
The Cost

Abstract Politicians allocate public resources in ways that maximize political gains, and potentially at the cost of lower welfare. In this paper, we quantify these welfare costs in the context of Brazil’s federal legislature, which grants its members a budget to fund public projects within their states. Using data from the state of Roraima, we estimate a model of politicians’ allocation decisions and find that 26.8% of the public funds allocated by legislators are distorted relative to a social planner’s allocation. We then use the model to simulate three potential policy reforms to the electoral system: the adoption of approval voting, imposing a one-term limit, and redistricting. We find that a one-term limit and redistricting are both effective at reducing distortions. The one-term limit policy, however, increases corruption, which makes it a welfare-reducing policy.

The role of non-governmental institutions in protection of medieval fortification architecture of Germany

2021 ◽  
pp. 22-31
Author(s):  
Maksim Terebilov
Keyword(s):  
Cultural Heritage ◽  
Middle Ages ◽  
Non Profit ◽  
Public Projects ◽  
Heritage Sites ◽  
Systemic Analysis ◽  
Internet Resources ◽  
Non Profit Organizations ◽  
Governmental Institutions

The subject of this research is the activity of non-profit organizations in aimed at preservation and promotion of the monuments of medieval fortification as an integral part of the cultural heritage of the country of their location. The author carries out the classification of non-profit organizations in Germany dealing with the preservation of monuments of fortification architecture of the Middle Ages. Methodological framework is comprised of typological and systemic analysis used for selecting organizations as the key objects of research, as well analyzing the main vectors of their activity. The author explores most significant projects of the selected organizations, their contribution to preservation of the monuments of fortification architecture on the national and international levels. Special attention is given to the analysis of official Internet resources of such organizations in the German and English languages, as well as to the work with digital databases of the objects under review. The novelty lies in conducting classification of non-governmental communities engaged in preservation of the monuments of medieval fortifications in Germany, which allows systematizing them for considering the experience of foreign colleagues within the framework of the approach towards organizing public projects aimed at preservation of the sites of historical and cultural heritage. The author outlines several priority vectors for providing support to the objects of fortification architecture: informational, scientific, financial and tourist. As a result, the author compiles a chart of classification of non-profit organizations, demonstrates interdependence of public initiatives related to preservation of cultural heritage sites on the ongoing globalization processes that take place in the society. Attention is also turned to the differentiated approach towards preservation of cultural heritage on the national and international levels.

Cognitive Dissonance and Consensus Formation around Public Projects

2004 ◽  
Vol 39.3 (0) ◽  
pp. 685-690
Author(s):  
Tsuyoshi Hatori ◽  
Kazuo Koshimizu ◽  
Kiyoshi Kobayashi
Keyword(s):  
Cognitive Dissonance ◽  
Consensus Formation ◽  
Public Projects

Cognitive Dissonance and Consensus Formation around Public Projects

2004 ◽  
Vol 39 (0) ◽  
pp. 115-115
Author(s):  
Tsuyoshi Hatori ◽  
Kazuo Koshimizu ◽  
Kiyoshi Kobayashi
Keyword(s):  
Cognitive Dissonance ◽  
Consensus Formation ◽  
Public Projects

scholarly journals Discounting Disentangled

2018 ◽  
Vol 10 (4) ◽  
pp. 109-134 ◽  
Author(s):  
Moritz A. Drupp ◽  
Mark C. Freeman ◽  
Ben Groom ◽  
Frikk Nesje
Keyword(s):  
Discount Rate ◽  
Time Preference ◽  
Wealth Effect ◽  
Social Discount Rate ◽  
Economic Values ◽  
Public Projects ◽  
Highly Sensitive ◽  
The Social ◽  
Ramsey Rule

The economic values of investing in long-term public projects are highly sensitive to the social discount rate (SDR). We surveyed over 200 experts to disentangle disagreement on the risk-free SDR into its component parts, including pure time preference, the wealth effect, and return to capital. We show that the majority of experts do not follow the simple Ramsey Rule, a widely used theoretical discounting framework, when recommending SDRs. Despite disagreement on discounting procedures and point values, we obtain a surprising degree of consensus among experts, with more than three-quarters finding the median risk-free SDR of 2 percent acceptable. (JEL C83, D61, D82, H43, Q58)

scholarly journals Energy Utilization Evaluation of Carbon Performance in Public Projects by FAHP and Cloud Model

2016 ◽  
Vol 8 (7) ◽  
pp. 630 ◽  
Author(s):  
Lin Li ◽  
Fangfang Fan ◽  
Li Ma ◽  
Ziran Tang
Keyword(s):  
Cloud Model ◽  
Energy Utilization ◽  
Public Projects ◽  
Carbon Performance
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