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Socially responsible agencies

Author

Listed:
  • Jean Tirole

    (TSE-R - Toulouse School of Economics - UT Capitole - Université Toulouse Capitole - UT - Université de Toulouse - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

Abstract

Should agencies confine their role to their main duty or should they embrace new and desirable societal objectives? This article first discusses two emblematic examples of mission expansion: socially responsible competition authorities and green central banks. It then sheds light on the ongoing debate using contributions to bureaucratic design in economics and political science. On that basis, it warns against the risks associated with the loss of accountability, institutional conflicts, and the lack of policy coordination.

Suggested Citation

  • Jean Tirole, 2023. "Socially responsible agencies," Post-Print hal-04164963, HAL.
    • Handle: RePEc:hal:journl:hal-04164963
    DOI: 10.4337/clpd.2022.04.05
    as

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    Cited by:

    1. Schinkel, Maarten Pieter & Treuren, Leonard, 2024. "Corporate social responsibility by joint agreement," Journal of Environmental Economics and Management, Elsevier, vol. 123(C).
    2. Tom'as Aguirre, 2024. "On Labs and Fabs: Mapping How Alliances, Acquisitions, and Antitrust are Shaping the Frontier AI Industry," Papers 2406.01722, arXiv.org, revised Jun 2024.

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