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The core of the argument offered here is that the trade off between these two choices boils down to a benefit cost calculation rather than a Bergsonian or Arrovian value judgement: i.e., in return for the net benefits which a society obtains from the productive, public good supplying activities...
Persistent link: https://www.econbiz.de/10005486842
We consider a politician's choice of whether to be evaluated, as by subjecting himself to a detailed interview or by asking for the appointment of a special prosecutor. We find that both when politicians do and do not know the quality of their own actions, stable equilibria may exist in which...
Persistent link: https://www.econbiz.de/10005486847
Interest groups ratings have long been used by social scientists to distinguish between liberal and conservative members of Congress. It is also well known that ratings by different groups are highly correlated with one another. Here, rather than focusing on the similarities between such...
Persistent link: https://www.econbiz.de/10005780876