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Diseño institucional y política pública: una perspectiva microeconómica Author info | Abstract | Publisher info | Download info | Related research | Statistics Kenneth Mackenzie () (University of Calgary)
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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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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:17-58Contact details of provider: Postal: Cra. 1 No. 12-68 Casa de las Mandolinas Phone: (571) 2826066 Ext. 1307 Fax: (571) 2826066 Ext. 1304 Email: Web page: http://www.economiainstitucional.com More information through EDIRC
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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
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