bokomslag Incentives and Political Economy
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Incentives and Political Economy

Jean-Jacques Laffont

Inbunden

1989:-

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Andra format:

  • 272 sidor
  • 2000
Incentives and Political Economy constructs a normative approach to constitutional design using recent developments in contract theory. It treats political economy as the study of the incentive problems created by the delegation of economic policy to self-interested politicians. Politicians are treated successively as informed supervisors or residual decision-makers. The optimal constitutional responses to the activities of interest groups are characterized
in various circumstances, as well as the optimal trade-off between flexibility of decision-making and discretion to pursue personal agendas when the incompleteness of the constitutional contract is recognized.
  • Författare: Jean-Jacques Laffont
  • Illustratör: Figures
  • Format: Inbunden
  • ISBN: 9780198294245
  • Språk: Engelska
  • Antal sidor: 272
  • Utgivningsdatum: 2000-03-01
  • Förlag: OUP Oxford