Item description for Endogenous Public Policy and Contests by Gil S. Epstein...
This book studies endogenous policy determination focusing on the role of interest groups and their lobbying efforts in the determination of public policy. Applying strategic contest theory as the basic methodology, it clarifies the fundamental parameters that determine the behavior of the government and the interest groups - the two contestants for the "prizes" associated with public policy. The fundamental parameters are the objective of the government, political culture, the contest success function, the stakes of the interest groups and their characteristics. The analysis focuses on the relationship between these parameters and public policy, the contest winning probabilities of the interest groups and their efforts. Comprehensive illustrations of the usefulness of the proposed approach are provided in five specific cases: the determination of monopoly price, privatization policy, migration quotas, minimum wage and promotion in tournaments.
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Est. Packaging Dimensions: Length: 9.45" Width: 6.14" Height: 0.79" Weight: 1.06 lbs.
Release Date Oct 12, 2007
ISBN 3540722424 ISBN13 9783540722427
Availability 58 units. Availability accurate as of May 26, 2017 03:26.
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