Showing 1 - 10 of 13
Bargaining between different groups, which differ in objectives, preferences and interests, is at the core of political decision-making. Yet, it is logical to presume that negotiations involving more parties will lead to inertia and a slow pace in the legislative process. According to this...
Persistent link: https://www.econbiz.de/10003944558
Reform delays emerge frequently in politics but can be solved using compensation payments. A higher degree of fragmentation among the addressees may- according to the theory- reduce these costs. The number of groups and the inherent uncertainty normally influence agents' behaviour. When this...
Persistent link: https://www.econbiz.de/10003944570
The topic of reforms is hotly debated among politicians and researchers. There are many approaches to explore the origins of reform deadlocks and budget deficits. Central to all these approaches are the costs generated either by the Status Quo or by eliminating the Status Quo via a reform. Costs...
Persistent link: https://www.econbiz.de/10003828282
It is regularly stated that political fragmentation has negative effects on reforms leading to delays or even blockades. This connection is reflected in the ‘weak government hypothesis’ arguing that fragmented governments create higher budget deficits. Although the assumption seems logical,...
Persistent link: https://www.econbiz.de/10003867692
Bargaining between different groups, which differ in objectives, preferences and interests, is at the core of political decision-making. Yet, it is logical to presume that negotiations involving more parties will lead to inertia and a slow pace in the legislative process. According to this...
Persistent link: https://www.econbiz.de/10010271057
Reform delays emerge frequently in politics but can be solved using compensation payments. A higher degree of fragmentation among the addressees may- according to the theory- reduce these costs. The number of groups and the inherent uncertainty normally influence agents’ behaviour. When this...
Persistent link: https://www.econbiz.de/10005635347
It is regularly stated that political fragmentation has negative effects on reforms leading to delays or even blockades. This connection is reflected in the ‘weak government hypothesis’ arguing that fragmented governments create higher budget deficits. Although the assumption seems logical,...
Persistent link: https://www.econbiz.de/10004979390
It is regularly stated that political fragmentation has negative effects on reforms leading to delays or even blockades. This connection is reflected in the 'weak government hypothesis' arguing that fragmented governments create higher budget deficits. Although the assumption seems logical,...
Persistent link: https://www.econbiz.de/10010266844
The topic of reforms is hotly debated among politicians and researchers. There are many approaches to explore the origins of reform deadlocks and budget deficits. Central to all these approaches are the costs generated either by the Status Quo or by eliminating the Status Quo via a reform. Costs...
Persistent link: https://www.econbiz.de/10010266845
Persistent link: https://www.econbiz.de/10003918244