By A. B. Yehoshua
Within the 12 months 999, while Ben Attar, a Moroccan Jewish service provider, takes a moment spouse, he commits an act whose unexpected outcomes will endlessly regulate his kin, his relationships, his business-his existence. In an try to preclude clash and enhance his company pursuits while, Ben Attar undertakes his annual trip to Europe with either his first spouse and his new spouse. The journey is the start of a profound human drama whose ethical conflicts of constancy and hope resonate with these of our time. Yehoshua renders the medieval global of Jewish and Christian tradition and exchange with stunning intensity and sensuous element. during the trials of a medieval service provider, the popular writer explores the inner most questions on the character of morality, personality, codes of human behavior, and concerns of the guts.
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Extra info for A Journey to the End of the Millennium
3) is OHIK. 4). 4). ::IIIo. 4 The introduction SOURCE 0/ a control device A. Breton and R. Wintrobe, in Journal 1975, p. 200. 0/ Political Economy, February than the marginal benefit from its use, then the outcome is consistent with Niskanen's model and the bureau captures the consumersurplus. The potential effectiveness of control devices depends on the source of inefficiency within the bureau. To eliminate the oversupply of output the sponsor needs to acquire information about the bureau's actual cost curve.
If the sponsor's 'demand' schedule is so far to the right, or inelastic, that the benefit of the bureau's output to the sponsor falls below zero before F = E the bureaucrat then operates at output Qs, where the sponsor is satiated and the constraint that total budget equals or is greater than total costs does not apply. 3 o*=a-c d+b a os= 2b The equilibrium output of a bureaucracy B' denotes the marginal benefit of the policy to the sponsor C' denotes the marginal cost of the policy to the sponsor F=E oeqQ* = obfQ* SOURCE D.
For the higher demand condition, B's, the constraint B ;:?! C does not apply and the output of the bureau will only be constrained by demand. Thus output will be where the marginal value of the bureau's output (as perceived by the government, not the public) is zero, Qs = a/2b. e. the area of the triangle formed by the B' s curve and the two axes is larger than the area of the polygon oeiQs). At this upper equilibrium level of output, Qs, there is 'fat' in the bureau, it will have no incentive to be efficient and will attempt to expand its expenditure in order to exhaust its approved budget.