Political Economics – Explaining Economic Policy
Autor Torsten Persson, Carl–johann Dalgaarden Limba Engleză Paperback – 31 ian 2002
Combining the best of three separate traditions—the theory of macroeconomic policy, public choice, and rational choice in political science—Torsten Persson and Guido Tabellini suggest a unified approach to the field. As in modern macroeconomics, individual citizens behave rationally, their preferences over economic outcomes inducing preferences over policy. As in public choice, the delegation of policy decisions to elected representatives may give rise to agency problems between voters and politicians. And, as in rational choice, political institutions shape the procedures for setting policy and electing politicians. The authors outline a common method of analysis, establish several new results, and identify the main outstanding problems.
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Specificații
ISBN-10: 0262661314
Pagini: 554
Ilustrații: 11
Dimensiuni: 181 x 227 x 25 mm
Greutate: 0.87 kg
Editura: Mit Press
Locul publicării:United States
Notă biografică
Guido Tabellini is Professor of Economics at Bocconi University in Milan and President of the Innocenzo Gasparini Institute of Economic Research, also at Bocconi University.