Ignorance and the incentive structure confronting policymakers

by Scott Scheall

The paper examines one of the considerations that determines the extent to which policymakers pursue the objectives demanded by constituents. The nature and extent of their ignorance serve to determine the incentives confronted by policymakers to pursue their constituents' demands. The paper also considers several other consequences of policymaker ignorance.

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Year of publication:	2018
Authors:	Scheall, Scott
Publisher:	[Durham, NC] : Center for the History of Political Economy at Duke University
Subject:	political epistemology \| policymaker ignorance \| government failure \| public choice \| David Hume \| Neue politische Ökonomie \| Public choice \| Erkenntnistheorie \| Epistemology

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Extent:	1 Online-Ressource (circa 21 Seiten)
Series:	CHOPE working paper. - Durham, NC, ZDB-ID 2672713-4. - Vol. no. 2018, 12 (August 2018)
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	10.2139/ssrn.3240070 [DOI] hdl:10419/182494 [Handle]
Classification:	B25 - Historical; Institutional; Evolutionary; Austrian ; B53 - Austrian ; D72 - Economic Models of Political Processes: Rent-Seeking, Elections, Legistures, and Voting Behavior ; D78 - Positive Analysis of Policy-Making and Implementation ; D83 - Search, Learning, Information and Knowledge ; E61 - Policy Objectives; Policy Designs and Consistency; Policy Coordination
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011899119