resistance to reform is based on the differences in the risk preferences of voters, politicians, and bureaucrats. Based on the … structural reform. Hence, it must be caused by other reasons. These can be for instance - as public choice scholars argue … - interventions by veto players, wars of attrition by powerful interest groups, or reform logjams initiated. However, another point of …

investigate if the resistance to reform is based on the differences in the risk preferences of voters, politicians, and … voters, their risk preferences cannot be seen as an explanation for the resistance to structural reform. Hence, it must be … reform logjams initiated. However, as during times of populist campaigns, the election process can put forth candidates with …