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Endogenous Public Policy and Contests
Hardcover
ISBN13: 9783540722427
Publisher: Springer Nature
Published: Sep 3 2007
Pages: 221
Weight: 1.04
Height: 0.73 Width: 6.38 Depth: 9.41
Language: English
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.
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