The Model of Entropy Value Theory for the Institutional Performance in Public Administration

The major transformations that the Romanian society is facing nowadays cannot but impose radical transformations, especially of the public management at all levels. In this article, we intend to apply value-based management adapted to decision making at all levels of development by public institutions. In order to understand the value phenomenon, both as an economic category of high complexity, as well as a social and cultural phenomenon, we propose to discuss the application of research methods appropriate to these events that make up the value phenomenon, but also to the behaviour of all systems involved in the mechanism of obtention and management of value. We propose the application of the general principles of the model of entropic value theory in the management of local public administration, at regional and national level.