Showing 1 - 5 of 5
This paper studies the interaction between a governmental security agency, as the Transportation Security Agency, or the Immigration and Naturalization Service, and a terrorist organization, like Al Qaeda. The governmental agency wants to stop the terrorists, but first must infer whether a visa...
Persistent link: https://www.econbiz.de/10005705903
This paper explores the reasoning underlying Milton Friedman's preference for a small, unbalanced budget over a large, balanced one. Because the marginal return from government spending is less than the marginal cost (measured in terms of the amount of income private individuals remain free to...
Persistent link: https://www.econbiz.de/10005709408
Local governments' allocation decisions are modeled in the context of a slack maximizing bureaucrat who produces public goods according to a production function that includes both provision and the constituents' socioeconomic characteristics. To gain a better understanding of the determinants of...
Persistent link: https://www.econbiz.de/10005809525
Local governments' allocation decisions are modeled in the context of a slack maximizing bureaucrat who produces public goods according to a production function that includes both provision and the constituents' socio-economic characteristics. To gain a better understanding of the determinants...
Persistent link: https://www.econbiz.de/10005542585
Persistent link: https://www.econbiz.de/10009150195