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Reform for Sale: A Common Agency Model with Moral Hazard Frictions - Elements in Law, Economics and Politics Lefebvre, Perrin (University of Namur)
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Reform for Sale: A Common Agency Model with Moral Hazard Frictions - Elements in Law, Economics and Politics
Lefebvre, Perrin (University of Namur)
This Element focuses on the efforts of interest groups who try to to influence a policy-maker who in turn exerts effort to increase the probability that a reform be implemented. It analyzes linking of the allocative efficiency and redistribution of the aggregate surplus, as both depend on the set of active principals as well as on the group size.
75 pages, Worked examples or Exercises
| Media | Books Paperback Book (Book with soft cover and glued back) |
| Released | March 2, 2023 |
| ISBN13 | 9781009285582 |
| Publishers | Cambridge University Press |
| Pages | 88 |
| Dimensions | 153 × 227 × 8 mm · 144 g |
