Titlebook: Endogenous Public Policy and Contests; Gil S. Epstein,Shmuel Nitzan Book 2007 Springer-Verlag Berlin Heidelberg 2007 Contests.Endogenous P

压舱物

gospel

etiquette

History of Rib Fracture Management,t the politicians with the aim of gaining the privatization rents. Note, however, that when a proposal for privatization is submitted to the politicians, it takes into account how it can be implemented in the second stage of the privatization process.

Employee

提升

The Policy Contest ., compete on the approval or rejection of .. Approval is the preferred policy of one player, say player ., whereas rejection of the proposed policy is the preferred policy of the other player. Approval implies that player . wins the contest. The present discounted value of the preferred outcome to

信任

Contest Rationalization − Microfoundationsal agents under alternative given institutional settings, see Persson and Tabellini (2000) and Grossman and Helpman (2001) and the references therein. Typically, in the overall game-theoretic equilibria in these settings, economic and political outcomes are mutually consistent. A major advantage of

ASSAY

Endogenous Public Policynterest groups. In government there are two levels of decision making. Bureaucrats work out the details of the proposed public policy while elected politicians make the final decision on the approval or rejection of the proposed policy. Our stylized model thus captures the hierarchical nature of the

其他

Culture, Politicization and Relative Rent Dissipation the contestants and, in turn, the extent of rent dissipation. This comparative statics analysis focused on such parameters as the nature of the rent, the number of contestants, the form of the contest success function, the contestants’ valuations of the prize, the contestants’ attitude toward risk

断断续续

SOB

Effort and Performancef winning a prize. In most studies of contests, however, the source of the prize or, more generally, the source of the contestants’ prize valuations has been ignored. Despite the fact that in some studies the source of the prize system was based on the existence of monopoly profits (rents) or variou