The study explores how expert knowledge supports public administration functions, suggesting governance mechanisms to enhance credible commitments among involved parties.
The paper applies approaches of the New Institutional Economics to the issue of attracting experts to implementation of public administration functions. Classification of expert knowledge by source and field of application is proposed. Characteristics of different parties to the transactions are described, and approaches are suggested to address the problem of credible commitments of the parties to the transactions concerning expert knowledge, in view of key structural alternatives of governance mechanisms. Several issues to be addressed in future research have been stated.
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Andrey Shastitko (2009) studied this question.
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