Von dem Buch Reform for Sale : A Common Agency Model with Moral Hazard Frictions haben wir 2 gleiche oder sehr ähnliche Ausgaben identifiziert!
Falls Sie nur an einem bestimmten Exempar interessiert sind, können Sie aus der folgenden Liste jenes wählen, an dem Sie interessiert sind:
100%: Perrin Lefebvre: Reform for Sale : A Common Agency Model with Moral Hazard Frictions (ISBN: 9781009285629) Cambridge University Press, in Englisch, auch als eBook.Nur diese Ausgabe anzeigen…
100%: Perrin Lefebvre: Reform for Sale : A Common Agency Model with Moral Hazard Frictions (ISBN: 9781009285599) Cambridge University Press, in Englisch, auch als eBook.Nur diese Ausgabe anzeigen…
Reform for Sale : A Common Agency Model with Moral Hazard Frictions
2 Angebote vergleichen
Bester Preis: € 16,85 (vom 28.07.2023)1
Reform for Sale : A Common Agency Model with Moral Hazard Frictions
EN NW EB DLISBN: 9781009285629 bzw. 1009285629, in Englisch, Cambridge University Press, neu, E-Book, elektronischer Download.
Lieferung aus: Vereinigtes Königreich Großbritannien und Nordirland, Despatched same working day before 3pm.
Lobbying competition is viewed as a delegated common agency game under moral hazard.Several interest groups try to influence a policy-maker who exerts effort to increase the probability that a reform be implemented.With no restriction on the space of contribution schedules, all equilibria perfectly reflect the principals' preferences over alternatives.As a result, lobbying competition reaches efficiency.Unfortunately, such equilibria require that the policy-maker pays an interest group when the latter is hurt by the reform.When payments remain non-negative, inducing effort requires leaving a moral hazard rent to the decision maker.Contributions schedules no longer reflect the principals' preferences, and the unique equilibrium is inefficient.Free-riding across congruent groups arises and the set of groups active at equilibrium is endogenously derived.Allocative efficiency and redistribution of the aggregate surplus are linked altogether and both depend on the set of active principals, as well as on the group size.
Lobbying competition is viewed as a delegated common agency game under moral hazard.Several interest groups try to influence a policy-maker who exerts effort to increase the probability that a reform be implemented.With no restriction on the space of contribution schedules, all equilibria perfectly reflect the principals' preferences over alternatives.As a result, lobbying competition reaches efficiency.Unfortunately, such equilibria require that the policy-maker pays an interest group when the latter is hurt by the reform.When payments remain non-negative, inducing effort requires leaving a moral hazard rent to the decision maker.Contributions schedules no longer reflect the principals' preferences, and the unique equilibrium is inefficient.Free-riding across congruent groups arises and the set of groups active at equilibrium is endogenously derived.Allocative efficiency and redistribution of the aggregate surplus are linked altogether and both depend on the set of active principals, as well as on the group size.
2
Reform for Sale : A Common Agency Model with Moral Hazard Frictions
EN NW EB DLISBN: 9781009285599 bzw. 1009285599, in Englisch, Cambridge University Press, neu, E-Book, elektronischer Download.
Lieferung aus: Vereinigtes Königreich Großbritannien und Nordirland, Despatched same working day before 3pm.
Lobbying competition is viewed as a delegated common agency game under moral hazard.Several interest groups try to influence a policy-maker who exerts effort to increase the probability that a reform be implemented.With no restriction on the space of contribution schedules, all equilibria perfectly reflect the principals' preferences over alternatives.As a result, lobbying competition reaches efficiency.Unfortunately, such equilibria require that the policy-maker pays an interest group when the latter is hurt by the reform.When payments remain non-negative, inducing effort requires leaving a moral hazard rent to the decision maker.Contributions schedules no longer reflect the principals' preferences, and the unique equilibrium is inefficient.Free-riding across congruent groups arises and the set of groups active at equilibrium is endogenously derived.Allocative efficiency and redistribution of the aggregate surplus is linked altogether and both depend on the set of active principals, as well as on the group size.
Lobbying competition is viewed as a delegated common agency game under moral hazard.Several interest groups try to influence a policy-maker who exerts effort to increase the probability that a reform be implemented.With no restriction on the space of contribution schedules, all equilibria perfectly reflect the principals' preferences over alternatives.As a result, lobbying competition reaches efficiency.Unfortunately, such equilibria require that the policy-maker pays an interest group when the latter is hurt by the reform.When payments remain non-negative, inducing effort requires leaving a moral hazard rent to the decision maker.Contributions schedules no longer reflect the principals' preferences, and the unique equilibrium is inefficient.Free-riding across congruent groups arises and the set of groups active at equilibrium is endogenously derived.Allocative efficiency and redistribution of the aggregate surplus is linked altogether and both depend on the set of active principals, as well as on the group size.
Lade…