Endogenous Public Policy and Contests

Authors: Epstein, Gil S., Nitzan, Shmuel

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  • Details the basic forces affecting the relationship between public policy and lobbying by applying a single, simple methodology: strategic contest theory
  • Presents five illustrations of the usefulness of the proposed extended contest approach
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eBook 93,08 €
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  • ISBN 978-3-540-74818-2
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Hardcover 114,39 €
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  • ISBN 978-3-540-72242-7
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Softcover 114,39 €
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  • ISBN 978-3-642-09139-1
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About this book

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.     

Table of contents (16 chapters)

Table of contents (16 chapters)
  • Introduction

    Pages 1-6

  • The Policy Contest

    Pages 9-14

  • Contest Rationalization − Microfoundations

    Pages 15-26

  • Endogenous Public Policy

    Pages 29-45

  • Culture, Politicization and Relative Rent Dissipation

    Pages 47-53

Buy this book

eBook 93,08 €
price for Spain (gross)
  • ISBN 978-3-540-74818-2
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 114,39 €
price for Spain (gross)
  • ISBN 978-3-540-72242-7
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
  • The final prices may differ from the prices shown due to specifics of VAT rules
Softcover 114,39 €
price for Spain (gross)
  • ISBN 978-3-642-09139-1
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
Endogenous Public Policy and Contests
Authors
Copyright
2007
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-540-74818-2
DOI
10.1007/978-3-540-74818-2
Hardcover ISBN
978-3-540-72242-7
Softcover ISBN
978-3-642-09139-1
Edition Number
1
Number of Pages
XVI, 221
Topics