Endogenous Public Policy and Contests
Description
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.
Keywords
Business & EconomicsPublic FinanceEconomics
2007Book
Author(s)Shmuel Nitzan, Gil S. Epstein
PublisherSpringer Berlin Heidelberg
ISBN9783540722427
LanguageEnglish
