Ignorance and the incentive structure confronting policymakers

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.

MoreLess

Year of publication:	2018
Authors:	Scheall, Scott
Publisher:	Durham, NC : Duke University, Center for the History of Political Economy (CHOPE)
Subject:	political epistemology \| policymaker ignorance \| government failure \| public choice \| David Hume

More details

Series:	CHOPE Working Paper ; 2018-12
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	1030867526 [GVK] 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:	EconStor

Persistent link: https://www.econbiz.de/10011904607