Public–private tragedy

Pediatric Tragedy

Recurrent Human Tragedy During Hajj

Hajj, a unique yearly mass gathering pilgrimage of more than 2 million Muslims from around the world, presents enormous challenges to the Saudian Arabia government.1 The potential for deadly epidemic outbreaks of bacterial and viral diseases leading to upper respiratory infection and meningitis and human stampedes call for prompt attention from both pilgrims and the ministry of healt...

Risk allocation and the costs and benefits of publicprivate partnerships

We study the agency costs of delegated public service provision, focusing on the link between organizational forms and uncertainty at project implementation. We consider a dynamic multitask moral hazard environment where the mapping between effort and performance is ex ante uncertain but new information may arise during operations. Our analysis highlights the costs and benefits that bundling pl...

Aristophanes on Tragedy

Fifty years before Aristotle wrote his Poetics, Aristophanes had devoted two comedies, Thesmophoriazusae (411) and Frogs (405), to the subject of tragedy. In both plays the plot shows the education of the main character in the nature of tragedy. Euripides learns in Thesmophoriazusae that he must present noble and not base women in his dramas. His depiction of perverse women in the theatre had m...

A Greek summer tragedy

Fires have raged across southern Europe during the exceptional heat of this summer but in Greece, where they have been particularly severe and widespread, they caught the authorities by surprise. They have been occurring over weeks from late June in the forests of the north to Crete in the south. They are doubly troubling because of Greece's dramatic biodiversity — more than 25 per cent of an e...