Endogenous Public Policy and Contests
| By: | Gil S. Epstein; Shmuel Nitzan |
| Publisher: | Springer Nature |
| Print ISBN: | 9783540722427 |
| eText ISBN: | 9783540748182 |
| Edition: | 0 |
| Copyright: | 2007 |
| Format: | Page Fidelity |
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Table of Contents
This book focuses on the role of interest groups and their lobbying efforts in public policy. It applies strategic contest theory as the basic methodology and clarifies the fundamental parameters that determine the behavior of the government and the interest groups. It illustrates the proposed approach in five specific cases: determination of monopoly price, privatization policy, migration quotas, minimum wage and promotion in tournaments.