Solving the Principal - Agent Problem in Iraq: Economic Incentives Create a New Model for Security

Abstract

This report evaluates several alternatives that could be used to form a public policy in Iraq for sharing oil revenues with the Iraqi people. Using the Alaska Permanent Fund dividend as a potential model for Iraq, two key criteria were formulated for comparison and contrast with other alternatives currently available to the Iraqi government. The evaluative criteria were: does the model distribute wealth to the people and does it encourage increased security and stability to protect that means of wealth distribution. The results of a cost-benefit analysis provide a means to evaluate oil distribution schemes and help form appropriate recommendations for Iraqi policy leaders.

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Document Details

Document Type
Technical Report
Publication Date
Dec 01, 2007
Accession Number
ADA475849

Entities

People

  • Jayson L. Cramer
  • L. S. Hollingsworth
  • Verlan R. Cole

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Biomedical
  • Energy and Power Technologies
  • Weapons Technologies

DTIC Thesaurus Topics

  • Air Force
  • Business Administration
  • Environmental Protection
  • Governments
  • Investments
  • Management Personnel
  • Market Economy
  • Money
  • National Governments
  • National Politics
  • Organizational Structure
  • Political Systems
  • Public Administration
  • Public Policy
  • Recreation
  • Societies
  • United States Government

Fields of Study

  • Political science

Readers

  • Computational Modeling and Simulation
  • Economics
  • Political Violence and Terrorism Studies.