Endogenous Public Policy and Contests

Name: Endogenous Public Policy and Contests
Author: Gil S. Epstein

Paperback Engels 2010 9783642091391

120,99

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Samenvatting

This book focuses on the role of interest groups and their lobbying efforts in public policy. It applies strategic contest theory as the basic methodology and clarifies the fundamental parameters that determine the behavior of the government and the interest groups. It illustrates the proposed approach in five specific cases: determination of monopoly price, privatization policy, migration quotas, minimum wage and promotion in tournaments.

Specificaties

ISBN13:9783642091391

Taal:Engels

Bindwijze:paperback

Aantal pagina's:221

Uitgever:Springer Berlin Heidelberg

Druk:0

Hoofdrubriek:Financieel management, Financieel management

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Inhoudsopgave

The Basic Contest.- The Policy Contest.- Contest Rationalization ? Microfoundations.- The Extended Contest: With Government.- Endogenous Public Policy.- Culture, Politicization and Relative Rent Dissipation.- Lobbying and Compromise.- The Policy Effect.- Effort and Performance.- Prizes (Size and Distribution) and Efforts.- Asymmetry and Corrective Public Policy.- The Extended Contest: Without Government.- The Social Cost of Rent Seeking when Consumer Opposition Influences Monopoly Behavior.- Strategic Restraint.- Applications.- Monopoly-price Determination.- Privatization.- Migration Policy.- Minimum Wage.- Tournaments.