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PENSIONS AND PUBLIC CHOICE: THE ROAD TO MYNERS
Author(s) -
Arthur Terry
Publication year - 2002
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/1468-0270.00370
Subject(s) - government (linguistics) , public choice , pension , investment (military) , business , pension fund , finance , financial services , economics , public economics , public administration , political science , law , politics , philosophy , linguistics
The Myners Review of Institutional Investment is the latest of several classic examples of how Public Choice theory can be applied to the financial services industry. It demonstrates changing objectives and lack of knowledge and satisfies the vested interests of government and the pension fund advisory industry.