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The political economy of emission tax design in environmental policy
Glachant, Matthieu - 2002
In actual environmental policy, the design of actual pollution emission taxes differs significantly with the optimal Pigovian tax. In particular, earmarking prevails and actual taxes are usually combined with regulation. Furthermore tax rates are generally too low to significantly influence...
Persistent link: https://www.econbiz.de/10011335760
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The Political Economy of a Publicly Provided Private Good with Adverse Selection
Delipalla, Sophia; O'Donnell, Owen - 1999
Given heterogeneity in incomes and health risks, with asymmetric information in the latter, preferences over the public-private mix in health insurance and care are derived. Results concerning crowding-out in the presence of adverse selection are established. For low-risk individuals,...
Persistent link: https://www.econbiz.de/10010443330
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Determinants of the influence of voters and interest groups on the political decision making process
Bischoff, Ivo - 2001
This paper provides a comprehensive theoretical model of the political decision making process. Therein two ideologically different political parties compete for power. Their primary instrument in this competition are programmatic concessions in favor of voters and interest groups. As any...
Persistent link: https://www.econbiz.de/10010301406
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What does it take to sell environmental policy? An empirical analysis of referendum data
Halbheer, Daniel; Niggli, Sarah; Schmutzler, Armin - 2005
We analyze the factors that influence the support for environmental policy proposals. Swiss referendum data show that proposals obtain more yes-votes if they do not restrict consumption possibilities directly, if they are endorsed by the largest business association, if environmental preferences...
Persistent link: https://www.econbiz.de/10010315545
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Why Brennan and Buchanan are wrong (after all)
Apolte, Thomas - 2007
In their book The Power to Tax, Brennan and Buchanan have pointed to a central weakness of the traditional theory of … public finance and especially of the theory of optimal taxation: This approach overlooked the problem of governmental power … theory appears to be once the problem of power is considered. Nevertheless, Brennan and Buchanan's suggestions for …
Persistent link: https://www.econbiz.de/10010298416
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An enabling mechanism for the creation, adjustment, and dissolution of states and governmental units
Hausken, Kjell; Knutsen, John F. - In: Economics: The Open-Access, Open-Assessment E-Journal 4 (2010) 2010-32, pp. 1-38
The article proposes an enabling mechanism for the creation, adjustment and dissolution of governmental units, giving autonomy to each individual as in a direct democracy. The mechanism is designed such that Pareto optimality is possible, in contrast to earlier models which make various...
Persistent link: https://www.econbiz.de/10010302703
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The impossibility of social choice and the possibilities of individual values: political and philosophical liberalism reconsidered
Güth, Werner; Kliemt, Hartmut - 2008
Though the social choice of social institutions or social results is impossible there is, strictly speaking, no social choice individual evaluations of social institutions or results trivially are possible. Such individual evaluations can be deemed liberal either because they emphasize political...
Persistent link: https://www.econbiz.de/10010267062
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Chasing the smokestack: Strategic policymaking with multiple instruments
Fredriksson, Per G.; List, John A.; Millimet, Daniel L. - 2002
Recent studies suggest a considerable amount of horizontal strategic interaction amongst governments exists. The empirical approach in these studies typically relies on estimating reaction functions in a uni-dimensional policy framework, where a nonzero slope estimate suggests strategic...
Persistent link: https://www.econbiz.de/10011335710
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Do Institutions Affect Citizens' Selection into Politics?
Braendle, Thomas - 2013
Traditional political economy has paid primary attention to the structuring of the principal-agent relationship between citizens and politicians and the role of competition and institutions in disciplining political agents. However, as the electoral control of politicians and the credibility of...
Persistent link: https://www.econbiz.de/10011390689
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Rational ignorance is not bliss: When do lazy voters learn from decentralised policy experiments?
Schnellenbach, Jan - 2007
A popular argument about economic policy under uncertainty states that decentralisation offers the possibility to learn from local or regional policy experiments. We argue that such learning processes are not trivial and do not occur frictionlessly: Voters have an inherent tendency to retain a...
Persistent link: https://www.econbiz.de/10011422152