The Economics of Complexity: Complexity in the Allocation of Governmental Authority for Pensions

Are simpler governmental institutional structures generally better? This paper analyzes the effects of complexity in the allocation of government regulatory authority for pensions on various outcomes, focusing on the ease with which participants, plan sponsors, and the regulated industry have in int...

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Bibliographic Details
Main Authors: Gerard Hughes, John A. Turner, Michelle Maher
Format: Article
Language:English
Published: Publishing House of the University of Economics in Katowice 2015-07-01
Series:Journal of Economics and Management
Subjects:
Online Access:https://www.ue.katowice.pl/fileadmin/user_upload/wydawnictwo/JEM_Artyku%C5%82y_1_30/JEM_21/02.pdf