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Fiscal disparity leads to a yardstick bias, in that incumbents in fiscally-rich jurisdictions can provide more public goods, extract more rents and yet have a higher probability to be reelected. This study further emphasizes disparity among jurisdictions, not only in terms of fiscal resources...
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regulation in jurisdictions where institutions are weak. The reasons are: information intensity and asymmetry being greater with …Regulation and competition policy are two alternative modalities by which the state intervenes in the market. In order … varieties of market failures and identify those for which regulation is best address (cooperation failures such as The Fishing …
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Democracy, domination, and the challenge of economic governance -- Managerialism and the new deal legacy -- The progressive critique of the market -- Economic domination and democratic action -- Structuring democratic agency -- Anti-domination as regulatory strategy -- Democratic agency as...
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