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Diseño institucional y política pública: una perspectiva microeconómica

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Author Info
Kenneth Mackenzie () (University of Calgary)

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Abstract

This survey article provides a microeconomic perspective of institutional design and public policy, focusing on the way the relations between voters, politicians and bureaucrats produce efficients outcomes in public policy. It points out the relevance of information and monitoring costs, competition and the structural features of institutions in the search of efficient results, and the way social scientists explain the failures of the political and burocratic markets.

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File URL: http://www.uexternado.edu.co/facecono/ecoinstitucional/workingpapers/kmackenzie1.pdf
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Publisher Info
Article provided by Universidad Externado de Colombia - Facultad de Economía in its journal Revista de Economía Institucional.

Volume (Year): 1 (1999)
Issue (Month): 1 (July-december)
Pages: 17-58
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Handle: RePEc:rei:ecoins:v:1:y:1999:i:1:p:17-58

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Related research
Keywords: institucional design; public policy; information costs; political markets; bureaucracy; public choice;

Other versions of this item:

Find related papers by JEL classification:
D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior
D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
D89 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Other

References listed on IDEAS
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    Other versions:
  2. Rubinfeld, Daniel L, 1977. "Voting in a Local School Election: A Micro Analysis," The Review of Economics and Statistics, MIT Press, vol. 59(1), pages 30-42, February. [Downloadable!] (restricted)
  3. de Groot, Hans, 1988. "Decentralization decisions in bureaucracies as a principal-agent problem," Journal of Public Economics, Elsevier, vol. 36(3), pages 323-337, August. [Downloadable!] (restricted)
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  7. Walter Hettich & Stanley L. Winer, 1995. "Decision Externalities, Economic Efficiency and Institutional Response," Canadian Public Policy, University of Toronto Press, vol. 21(3), pages 344-361, September. [Downloadable!] (restricted)
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  13. James M. Buchanan, 1949. "The Pure Theory of Government Finance: A Suggested Approach," Journal of Political Economy, University of Chicago Press, vol. 57, pages 496. [Downloadable!] (restricted)
  14. Carroll, Kathleen A, 1993. " The Effects of Multiple Objectives in the Theory of Public Sector Supply," Public Choice, Springer, vol. 75(1), pages 1-20, January.
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  16. Walter Hettich & Stanely Winer, 1991. "Economic Efficiency, Political Institutions and Policy Analysis," Carleton Economic Papers 91-10, Carleton University, Department of Economics.
    Other versions:
  17. Posner, Richard A, 1975. "The Social Costs of Monopoly and Regulation," Journal of Political Economy, University of Chicago Press, vol. 83(4), pages 807-27, August. [Downloadable!] (restricted)
  18. Trebilcock, Michael J. & Hartle, Douglas G., 1982. "The choice of governing instrument," International Review of Law and Economics, Elsevier, vol. 2(1), pages 29-46, June. [Downloadable!] (restricted)
  19. Hahn, Robert W, 1990. " The Political Economy of Environmental Regulation: Towards a Unifying Framework," Public Choice, Springer, vol. 65(1), pages 21-47, April.
  20. Romer, Thomas & Rosenthal, Howard, 1982. "Median Voters or Budget Maximizers: Evidence from School Expenditure Referenda," Economic Inquiry, Oxford University Press, vol. 20(4), pages 556-78, October.
  21. Crowley, R.W., 1994. "The Public Sector and Public Provision in Economic Theory," Papers 94-08, Queen's at Kingston - School of Policy Studies.
  22. Blais, Andre & Nadeau, Richard, 1992. " The Electoral Budget Cycle," Public Choice, Springer, vol. 74(4), pages 389-403, December.
  23. Becker, Gary S, 1983. "A Theory of Competition among Pressure Groups for Political Influence," The Quarterly Journal of Economics, MIT Press, vol. 98(3), pages 371-400, August. [Downloadable!] (restricted)
  24. Filimon, Radu & Romer, Thomas & Rosenthal, Howard, 1982. "Asymmetric information and agenda control : The bases of monopoly power in public spending," Journal of Public Economics, Elsevier, vol. 17(1), pages 51-70, February. [Downloadable!] (restricted)
  25. Wittman, Donald, 1977. "Candidates with policy preferences: A dynamic model," Journal of Economic Theory, Elsevier, vol. 14(1), pages 180-189, February. [Downloadable!] (restricted)
  26. Santerre, Rexford E, 1993. " Representative versus Direct Democracy: The Role of Public Bureaucrats," Public Choice, Springer, vol. 76(3), pages 189-98, July.
  27. De Groot, Hans & Van der Sluis, Johan, 1987. "Bureaucracy Response to Budget Cuts: An Economic Model," Kyklos, Blackwell Publishing, vol. 40(1), pages 103-09.
  28. Gary S. Becker, 1984. "Public Policies, Pressure Groups, and Dead Weight Costs," University of Chicago - George G. Stigler Center for Study of Economy and State 35, Chicago - Center for Study of Economy and State.
    Other versions:
  29. Peltzman, Sam, 1990. "How Efficient Is the Voting Market?," Journal of Law & Economics, University of Chicago Press, vol. 33(1), pages 27-63, April.
    Other versions:
  30. von Hagen, Jurgen & Harden, Ian J., 1995. "Budget processes and commitment to fiscal discipline," European Economic Review, Elsevier, vol. 39(3-4), pages 771-779, April. [Downloadable!] (restricted)
    Other versions:
  31. Romer, Thomas & Rosenthal, Howard, 1979. "Bureaucrats versus Voters: On the Political Economy of Resource Allocation by Direct Democracy," The Quarterly Journal of Economics, MIT Press, vol. 93(4), pages 563-87, November. [Downloadable!] (restricted)
  32. Dougan, William R & Snyder, James M, 1993. " Are Rents Fully Dissipated?," Public Choice, Springer, vol. 77(4), pages 793-813, December.
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  34. Niskanen, William A, 1975. "Bureaucrats and Politicians," Journal of Law & Economics, University of Chicago Press, vol. 18(3), pages 617-43, December.
  35. Breton, Albert & Wintrobe, Ronald, 1992. "Freedom of speech vs. efficient regulation in markets for ideas," Journal of Economic Behavior & Organization, Elsevier, vol. 17(2), pages 217-239, March. [Downloadable!] (restricted)
  36. Kitchen, H., 1993. "Efficient Delivery of Local Government Services," Papers 93-15, Queen's at Kingston - School of Policy Studies.
  37. Wittman, Donald, 1989. "Why Democracies Produce Efficient Results," Journal of Political Economy, University of Chicago Press, vol. 97(6), pages 1395-1424, December. [Downloadable!] (restricted)
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