Similar Search Results

Why does centralisation fail to internalise policy externalities?

Dur, Robert A. J.; Roelfsema, Hein J. - 2003 - Rev.

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/10011326940

Do more powerful interest groups have a disproportionate influence on policy?

Sharif, Zara; Swank, Otto H. - 2012

Persistent link: https://www.econbiz.de/10009724330

Behavioral public choice : a survey

Schnellenbach, Jan; Schubert, Christian - 2014

Public choice theory has originally been motivated by the need to correct the asymmetry, widespread in traditional …

Persistent link: https://www.econbiz.de/10010238281

Veto players and policy trade-offs : an intertemporal approach to study the effects of political institutions on policy

Scartascini, Carlos G.; Tommasi, Mariano; Stein, Ernesto - 2010

disputes that assertion from an intertemporal perspective, drawing from transaction cost economics and repeated game theory and …

Persistent link: https://www.econbiz.de/10010247136

Support policies for renewables : instrument choice and instrument change from a public choice perspective

Gawel, Erik; Strunz, Sebastian; Lehmann, Paul - 2016

This paper frames the transition towards clean energies as a sequential process of instrument choice and instrument change. First, regulators decide how to initiate the transition away from fossil energies. Here, support policies for renewable electricity are politically convenient because they...

Persistent link: https://www.econbiz.de/10011440947

Searching for Keynes : an essay on the political economy of fiscal policy, with application to Canada, 1870-2000 - revised version

Winer, Stanley L.; Ferris, John Stephen - 2003

Keynes' General Theory (1936) is arguably one of the most important books of the twentieth century. His ideas for … stabilizing the aggregate economy have profoundly influenced economic theory as well as popular opinion about what governments can … and should do with respect to the business cycle. On the other hand, whether Keynesian theory has substantially altered …

Persistent link: https://www.econbiz.de/10011509394

Redistributive politics, power sharing and fairness

Debowicz, Dario; Saporiti, Alejandro; Wang, Yizhi - 2016

We study the effect of power sharing over income redistribution among different socio-economic groups in a model of redistributive politics with fairness concern. We prove that a unique pure-strategy equilibrium exists under fairly general conditions; and we show that equilibrium transfers...

Persistent link: https://www.econbiz.de/10011563113

Behavioral political economy : a survey

Schnellenbach, Jan; Schubert, Christian - 2014

Explaining individual behavior in politics should rely on the same motivational assumptions as explaining behavior in the market: That’s what Political Economy, understood as the application of economics to the study of political processes, is all about. In its standard variant, those who...

Persistent link: https://www.econbiz.de/10010412852

Compulsory voting and public finance

Hodler, Roland - 2010

Conventional wisdom suggests that compulsory voting lowers the influence of specialinterest groups and leads to policies that are better for less privileged citizens, who often abstain when voting is voluntary. To scrutinize this conventional wisdom, I study public goods provision and rents to...

Persistent link: https://www.econbiz.de/10008758913

Political drivers of and barriers to Public-Private Partnerships : the role of political involvement

Gawel, Erik - 2011

their performance? Using public choice and institutional economics theory this paper analyses what chances of success PPPs … ; Contract Theory ; Agency ; Tax State ; Transaction Cost ; Governance ; Legitimacy ; Transport Infrastructure ; User Financing …

Persistent link: https://www.econbiz.de/10009298105