Cella, Michela; Iannantuoni, Giovanna; Manzoni, Elena - Dipartimento di Economia, Metodi Quantitativi e … - 2014
This paper compares the ability to select the efficient policy of a parliamentary and a presidential constitutional setup. In order to do it we build a dynamic theoretical model with asymmetric information that succeeds in addressing both the politicians accountability and the competence...