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– related to predictability – and ex post transparency – related to accountability. In economics, increased transparency is … mostly rationalized on grounds of improving efficiency, but sometimes transparency is properly viewed simply as a right to …
Persistent link: https://www.econbiz.de/10011157171
a means to increase the accountability of individual politicians. But most of these reforms have been criticized as …
Persistent link: https://www.econbiz.de/10010734433
A fundamental problem in all political systems is that the people in power may extract rents to the detriment of the general public. In a democracy, electoral competition and information provided by the media may keep such rent extraction at bay. We develop a simple model where rents are...
Persistent link: https://www.econbiz.de/10005645315
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