Endogenous Public Policy and Contests
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.
232 pages; ISBN 9783540748182
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Title: Endogenous Public Policy and Contests
Author: Gil S. Epstein; Shmuel Nitzan