Principled agents?: the political economy of good government
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Oxford
Oxford Univ. Press
2006
|
| Edition: | 1. publ. |
| Series: | Lindahl lectures
|
| Subjects: | |
| Online Access: | Klappentext Inhaltsverzeichnis |
| Physical Description: | XI, 266 S. graph. Darst. |
| ISBN: | 019927150X 9780199271504 |
Staff View
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Record in the Search Index
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| adam_text | What is good government? Why do some
governments fell? How do you implement
political accountability in practice? What incen¬
tives do you need to put in place to ensure that
politicians and public servants act in the public
interest and not their own? These questions and
many more are addressed in Timothy Besley s
intriguing Lindahl lectures. Economic analyses
of government usually divide into two broad
camps. One which emphasizes government as
a force for public good that can regulate markets,
distribute resources and generally work towards
improving the lives of its citizens. The other
sees government as driven by private interests,
susceptible to those with the power to influence
its decisions and felling to incentivize its officials
to act for the greater public good. This book
adopts a middle way between the two extremes,
the Publius approach, which recognizes the
potential for government to act for the public
good but also accepts the feet that things often
go wrong. It shares the view that there are
certain institutional preconditions for effective
government but then proceed to examine exactly
what those preconditions are. Timothy Besley
emphasizes that it is not just about designing
an appropriate institutional framework but also
about understanding the way incentives work
and the process by which the political class
is selected.
CONTENTS PREFACE - VIII ACKNOWLEDGEMENTS XI 1 COMPETING VIEWS OF
GOVERNMENT 1 1 . 1 THE ISSUES 1 1.2 THIS BOOK 2 1.3 BACKGROUND 4 *1.3.1
THE SIZE OF GOVERNMENT 4 1.3.2 CORRUPTION 10 1.3.3 PROPERTY RIGHTS 14
1.3.4 TRUST AND TURNOUT 17 1.4 ECONOMIC POLICY MAKING 20 1.4.1
FOUNDATIONS 21 1.4.2 GOOD POLICIES 23 1.4.3 THE PUBLIC CHOICE CRITIQUE
OF WELFARE ECONOMICS 25 1.5 POLITICAL ECONOMY 27 1.6 INCENTIVES AND
SELECTION IN POLITICS 36 1.7 CONCLUDING COMMENTS 43 2 THE ANATOMY OF
GOVERNMENT FAILURE 45 2.1 INTRODUCTION 45 2.2 THREE NOTIONS OF
GOVERNMENT FAILURE 48 2.2.1 PARETO INEFFICIENCY 48 2.2.2 DISTRIBUTIONAL
FAILURES 49 2.2.3 WICKSELLIAN FAILURES 52 2.2.4 COMPARISONS 53 2.3 AN
EXAMPLE: FINANCING A PUBLIC PROJECT 55 2.3.1 PRIVATE PROVISION 56 2.3.2
GOVERNMENT PROVISION 57 CONTENTS 2.4 SOURCES OF GOVERNMENT FAILURE 59
2.4.1 IGNORANCE 59 2.4.2 INFLUENCE 61 2.4.3 THE QUALITY OF LEADERSHIP 68
2.5 SOURCES OF POLITICAL FAILURE 70 2.5.1 VOTING 71 2.5.2 LOG-ROLLING
AND LEGISLATIVE BEHAVIOR 74 2.6 DYNAMICS 77 2.6.1 INVESTMENT LINKAGES 78
2.6.2 POLITICAL AND POLICY LINKAGES 82 2.6.3 INVESTMENT AND POLITICS 89
2.7 IMPLICATIONS 93 2.8 CONCLUDING COMMENTS 97 POLITICAL AGENCY AND
ACCOUNTABILITY 98 3.1 INTRODUCTION 98 3.2 ELEMENTS OF POLITICAL AGENCY
MODELS 102 3.2.1 THE NATURE OF THE UNCERTAINTY 103 3.2.2 THE MOTIVES FOR
HOLDING OFFICE 104 3.2.3 THE NATURE OF ACCOUNTABILITY 105 3.2.4
RETROSPECTIVE VOTING 105 3.2.5 MODEL TYPES 106 3.3 THE BASELINE MODEL
108 3.3.1 THE ENVIRONMENT 108 3.3.2 EQUILIBRIUM 110 3.3.3 IMPLICATIONS
111 3.4 EXTENSIONS 123 3.4.1 POLARIZATION AND COMPETITION 124 3.4.2
INFORMATION AND ACCOUNTABILITY 128 3.4.3 THE NATURE OF THE DISTORTION
136 3.4.4 WITHIN-TERM CYCLES 141 3.4.5 MULTIPLE ISSUES 144 3.4.6
MULTIPLE TWO-PERIOD TERMS 148 3.4.7 INDEFINITE TERMS 154 3.4.8 MULTIPLE
AGENTS 157 3.5 DISCUSSION 165 3.5.1 CIVIC VIRTUE AND THE QUALITY OF
GOVERNMENT 165 3.5.2 DECENTRALISATION VERSUS CENTRALIZATION 166 3.5.3
AUTOCRACY VERSUS DEMOCRACY 169 VI CONTENTS 3.5.4 ACCOUNTABILITY TO WHOM?
169 3.5.5 WAGE POLICIES FOR POLITICIANS 170 3.5.6 BEHAVIORAL VERSUS
RATIONAL CHOICE MODELS 172 3.6 CONCLUDING COMMENTS 172 4 POLITICAL
AGENCY AND PUBLIC FINANCE (WITH MICHAEL SMART) 174 4.1 INTRODUCTION 174
4.2 THE MODEL 177 4.3 THREE SCENARIOS 180 4.3.1 PURE ADVERSE SELECTION
180 4.3.2 PURE MORAL HAZARD 182 4.3.3 COMBINING MORAL HAZARD AND ADVERSE
SELECTION 185 4.4 IMPLICATIONS 188 4.4.1 EQUILIBRIUM VOTER WELFARE 189
4.4.2 ARE GOOD POLITICIANS NECESSARILY GOOD FOR VOTERS? 191 4.4.3
TURNOVER OF POLITICIANS 193 4.4.4 THE SPENDING CYCLE 194 4.5 RESTRAINING
GOVERNMENT 195 4.5.1 A DIRECT RESTRAINT ON THE SIZE OF GOVERNMENT 199
4.5.2 INDIRECT RESTRAINTS 200 4.5.3 SUMMARY 209 4.6 DEBT AND DEFICITS
210 4.7 GOVERNMENTS VERSUS NGOS 214 4.7.1 FRAMEWORK 216 4.7.2 AID TO THE
GOVERNMENT 219 4.7.3 COMPARISONS 220 4.7.4 FURTHER ISSUES 222 4.8
COMPETENCE 223 4.9 CONCLUSIONS 225 APPENDIX 226 5 FINAL COMMENTS 228
REFERENCES 234 INDEX 249 VTT PPN: 109166256 TITEL: PRINCIPLED AGENTS? :
THE POLITICAL ECONOMY OF GOOD GOVERNMENT / TIMOTHY BESLEY. - . - OXFORD
[U.A.] : OXFORD UNIV. PRESS, 2006 ISBN: 0-19-927150-X; 978-0-19-927150-4
BIBLIOGRAPHISCHER DATENSATZ IM SWB-VERBUND
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| dewey-full | 352.3 |
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| dewey-ones | 352 - General considerations of public administration |
| dewey-raw | 352.3 |
| dewey-search | 352.3 |
| dewey-sort | 3352.3 |
| dewey-tens | 350 - Public administration and military science |
| discipline | Wirtschaftswissenschaften |
| edition | 1. publ. |
| format | Book |
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| spelling | Besley, Timothy 1960- Verfasser (DE-588)128383178 aut Principled agents? the political economy of good government Timothy Besley 1. publ. Oxford Oxford Univ. Press 2006 XI, 266 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Lindahl lectures Agency Theory / Staatsversagen / Politik Agency-Theorie - Staatstätigkeit Ökonomische Theorie der Politik - Staatstätigkeit Politik Agent (Philosophy) Political aspects Government productivity Motivation (Psychology) Political aspects Policy sciences Public administration Staatstätigkeit (DE-588)4182679-6 gnd rswk-swf Ökonomische Theorie der Politik (DE-588)4043214-2 gnd rswk-swf Agency-Theorie (DE-588)4126353-4 gnd rswk-swf Staatstätigkeit (DE-588)4182679-6 s Agency-Theorie (DE-588)4126353-4 s DE-604 Ökonomische Theorie der Politik (DE-588)4043214-2 s b DE-604 Digitalisierung UB Passau application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010676448&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Klappentext SWB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010676448&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Besley, Timothy 1960- Principled agents? the political economy of good government Agency Theory / Staatsversagen / Politik Agency-Theorie - Staatstätigkeit Ökonomische Theorie der Politik - Staatstätigkeit Politik Agent (Philosophy) Political aspects Government productivity Motivation (Psychology) Political aspects Policy sciences Public administration Staatstätigkeit (DE-588)4182679-6 gnd Ökonomische Theorie der Politik (DE-588)4043214-2 gnd Agency-Theorie (DE-588)4126353-4 gnd |
| subject_GND | (DE-588)4182679-6 (DE-588)4043214-2 (DE-588)4126353-4 |
| title | Principled agents? the political economy of good government |
| title_auth | Principled agents? the political economy of good government |
| title_exact_search | Principled agents? the political economy of good government |
| title_full | Principled agents? the political economy of good government Timothy Besley |
| title_fullStr | Principled agents? the political economy of good government Timothy Besley |
| title_full_unstemmed | Principled agents? the political economy of good government Timothy Besley |
| title_short | Principled agents? |
| title_sort | principled agents the political economy of good government |
| title_sub | the political economy of good government |
| topic | Agency Theory / Staatsversagen / Politik Agency-Theorie - Staatstätigkeit Ökonomische Theorie der Politik - Staatstätigkeit Politik Agent (Philosophy) Political aspects Government productivity Motivation (Psychology) Political aspects Policy sciences Public administration Staatstätigkeit (DE-588)4182679-6 gnd Ökonomische Theorie der Politik (DE-588)4043214-2 gnd Agency-Theorie (DE-588)4126353-4 gnd |
| topic_facet | Agency Theory / Staatsversagen / Politik Agency-Theorie - Staatstätigkeit Ökonomische Theorie der Politik - Staatstätigkeit Politik Agent (Philosophy) Political aspects Government productivity Motivation (Psychology) Political aspects Policy sciences Public administration Staatstätigkeit Ökonomische Theorie der Politik Agency-Theorie |
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