Reform for sale: a common agency model with moral hazard frictions
Auteur :
Lefebvre, Perrin / Martimort, David
Éditeur :
Cambridge University Press
ISBN :
9781009285582
Date de publication :
2 mars 2023
Dimensions :
22,9 x 15,2 x 0,5 cm
Poids :
140 g
Format :
Trade paperback (US)
Langue :
Anglais
Pays d'origine :
Grande Bretagne
This Element focuses on the efforts of interest groups who try to to influence a policy-maker who in turn exerts effort to increase the probability that a reform be implemented. It analyzes linking of the allocative efficiency and redistribution of the aggregate surplus, as both depend on the set of active principals as well as on the group size.