Constitution for a Future Country

This book offers ways to overcome problems that arise because voters, politicians and bureaucrats pursue selfish interests rather than the general interest in their political behaviour. It combines previously published ideas about charging people the costs of their political actions and selling insu...

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Bibliographic Details
Main Author: Bailey, Martin J.
Other Authors: Tideman, Nicolaus (Editor)
Format: eBook
Language:English
Published: London Palgrave Macmillan UK 2001, 2001
Subjects:
Online Access:
Collection: Springer Book Archives -2004 - Collection details see MPG.ReNa
Description
Summary:This book offers ways to overcome problems that arise because voters, politicians and bureaucrats pursue selfish interests rather than the general interest in their political behaviour. It combines previously published ideas about charging people the costs of their political actions and selling insurance against unfavourable political outcomes, with new ideas about competing legislatures and incentives for generating efficient political outcomes. The book includes new theorems about the mechanisms that are discussed, as well as a proposed constitution and its rationale
Physical Description:X, 310 p online resource
ISBN:9780230287792