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We provide an explanation why centralisation of political decision makingresults in overspending in some policy domains, whereas too low spending persists in others.We study a model in which delegates from jurisdictions bargain over local public goods provision.If all of the costs of public...
Persistent link: https://www.econbiz.de/10011256583
We provide an explanation why centralisation of political decision makingresults in overspending in some policy domains, whereas too low spending persists in others.We study a model in which delegates from jurisdictions bargain over local public goods provision.If all of the costs of public...
Persistent link: https://www.econbiz.de/10011326940
We provide an explanation why centralisation of political decision makingresults in overspending in some policy domains, whereas too low spending persists in others.We study a model in which delegates from jurisdictions bargain over local public goods provision.If all of the costs of public...
Persistent link: https://www.econbiz.de/10010324848
We provide an explanation for why centralisation of political decision making results in overspending in some policy domains, whereas toolow spending persists in others. We study a model in which delegates from jurisdictions bargain over local public goods provision. If all of thecosts of public...
Persistent link: https://www.econbiz.de/10015435199
We examine the two-candidate equilibria of the citizen-candidate model when the implemented policy arises from a compromise between the government and an unelected external power. We show that the equilibria of this model differ significantly from the original: the distance between the...
Persistent link: https://www.econbiz.de/10010283593
We examine the two-candidate equilibria of the citizen-candidate model when the implemented policy arises from a compromise between the government and an unelected external power. We show that the equilibria of this model differ significantly from the original: the distance between the...
Persistent link: https://www.econbiz.de/10010561495
A large proportion of greenhouse gas emissions is produced in urban areas. Therefore, local mitigation policies have to play an important role in any effective global climate protection strategy. Based upon a literature review, this article gives an overview of drivers and barriers for local...
Persistent link: https://www.econbiz.de/10008670484
A large proportion of greenhouse gas emissions is produced in urban areas, particularly in high income countries. Cities are also vulnerable to the impacts of climate change, and particularly so in developing countries. Therefore, local climate policies for mitigation and adaptation have to play...
Persistent link: https://www.econbiz.de/10014200443
Centralisation of political decision making often fails to produce the desired results. For instance, it is frequently argued that decision making within the European Union results in overspending and overregulation in some policy areas, while too low spending and too little regulation prevails...
Persistent link: https://www.econbiz.de/10014114451
In diverse areas – from retirement savings, to fuel economy, to prescription drugs, to consumer credit, to food and beverage consumption – government makes personal decisions for us or helps us make what it sees as better decisions. In other words, government serves as our agent. Understood...
Persistent link: https://www.econbiz.de/10013027459