List, John A; Bulte, Erwin H; Shogren, Jason F - In: Public Choice 111 (2002) 3-4, pp. 303-15
An important public policy question that remains unresolved is whether devolution will enhance sensible policy making by exploiting informational asymmetries or, instead, trigger a "beggar thy neighbor" response and stimulate free riding amongst localities. We analyze this question within the...