Competitive Governments : An Economic Theory of Politics and Public Finance
Book Details
Format
Paperback / Softback
ISBN-10
0521646286
ISBN-13
9780521646284
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Sep 28th, 1998
Print length
404 Pages
Weight
54 grams
Dimensions
15.50 x 22.90 x 2.10 cms
Product Classification:
Economic theory & philosophyEconomic theory and philosophy
Ksh 7,200.00
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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.
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.
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