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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.
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.
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.
| Empfohlen (von): | 18 |
|---|---|
| Erscheinungsjahr: | 2002 |
| Fachbereich: | Volkswirtschaft |
| Genre: | Wirtschaft |
| Rubrik: | Recht & Wirtschaft |
| Medium: | Taschenbuch |
| Inhalt: | Einband - flex.(Paperback) |
| ISBN-13: | 9780262661317 |
| ISBN-10: | 0262661314 |
| Sprache: | Englisch |
| Einband: | Kartoniert / Broschiert |
| Autor: |
Tabellini, Guido
Persson, Torsten |
| Redaktion: | Dalgaard, Carl-Johann |
| Hersteller: | MIT Press Ltd |
| Maße: | 231 x 177 x 25 mm |
| Von/Mit: | Guido Tabellini (u. a.) |
| Erscheinungsdatum: | 25.01.2002 |
| Gewicht: | 0,866 kg |
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.
| Empfohlen (von): | 18 |
|---|---|
| Erscheinungsjahr: | 2002 |
| Fachbereich: | Volkswirtschaft |
| Genre: | Wirtschaft |
| Rubrik: | Recht & Wirtschaft |
| Medium: | Taschenbuch |
| Inhalt: | Einband - flex.(Paperback) |
| ISBN-13: | 9780262661317 |
| ISBN-10: | 0262661314 |
| Sprache: | Englisch |
| Einband: | Kartoniert / Broschiert |
| Autor: |
Tabellini, Guido
Persson, Torsten |
| Redaktion: | Dalgaard, Carl-Johann |
| Hersteller: | MIT Press Ltd |
| Maße: | 231 x 177 x 25 mm |
| Von/Mit: | Guido Tabellini (u. a.) |
| Erscheinungsdatum: | 25.01.2002 |
| Gewicht: | 0,866 kg |
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