Competitive Governments: An Economic Theory of Politics and Public Finance - Image 1

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Cambridge University Press Competitive Governments: An Economic Theory of Politics and Public Finance

Name: Competitive Governments: An Economic Theory of Politics and Public Finance
Brand: Cambridge University Press
Price: 67.37 GBP
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Description

Competitive Governments, explores in a systematic way the hypothesis that governments are internally competitive, that they are competitive in their relations with each other and in their relations with other institutions in society which, like them, supply consuming households with goods and services. Breton contends that competition not only serves to bring the political system to an equilibrium, but it also leads to a revelation of the households' true demand functions for publicly provided goods and services and to the molding of a link between the quantities and the qualities demanded and supplied and the tax prices paid for these goods and services. In the real world where information is costly, the links may not be first-best, but they will be efficient if competition is vigorous.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 0521481023
Category: Books > Subjects > Business, Finance & Law > Professional Finance > Public
Domain: Amazon UK
Release Date: 29 March 1996
Listed Since: 22 January 2007

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Cambridge University Press Competitive Governments: An Economic Theory of Politics and Public Finance

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