Showing 1 - 2 of 2
We provide an explanation why centralisation of political decision making
Persistent link: https://www.econbiz.de/10005137012
We provide an explanation why centralisation of political decision makingresults in overspending in some policy domains, whereas too low spending persists in others.We study a model in which delegates from jurisdictions bargain over local public goods provision.If all of the costs of public...
Persistent link: https://www.econbiz.de/10011256583