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Municipal corporations, economic calculation, and political pricing: exploring a theoretical antinomy

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  • Richard Wagner, 2011. "Municipal corporations, economic calculation, and political pricing: exploring a theoretical antinomy," Public Choice, Springer, vol. 149(1), pages 151-165, October.
    • Handle: RePEc:kap:pubcho:v:149:y:2011:i:1:p:151-165
    DOI: 10.1007/s11127-011-9831-x
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    References listed on IDEAS

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    1. Charles M. Tiebout, 1956. "A Pure Theory of Local Expenditures," Journal of Political Economy, University of Chicago Press, vol. 64(5), pages 416-416.
    2. Geoffrey Brennan & Alan Hamlin, 1998. "Expressive voting and electoral equilibrium," Public Choice, Springer, vol. 95(1), pages 149-175, April.
    3. Steven N. S. Cheung, 1975. "Roofs Or Stars: The Stated Intents And Actual Effects Of A Rents Ordinance," Economic Inquiry, Western Economic Association International, vol. 13(1), pages 1-21, March.
    4. Jurgen Backhaus, 1978. "Pareto on public choice," Public Choice, Springer, vol. 33(1), pages 5-17, March.
    5. Richard Wagner, 2009. "Elections as takeover bids: Some agonistics concerning good government," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 22(2), pages 145-150, June.
    6. Cheung, Steven N S, 1975. "Roofs or Stars: The Stated Intents and Actual Effects of a Rents Ordinance," Economic Inquiry, Western Economic Association International, vol. 13(1), pages 1-21, March.
    7. Adam Smith & Richard Wagner & Bruce Yandle, 2011. "A theory of entangled political economy, with application to TARP and NRA," Public Choice, Springer, vol. 148(1), pages 45-66, July.
    8. Primo, David M., 2007. "Rules and Restraint," University of Chicago Press Economics Books, University of Chicago Press, number 9780226682594, April.
    9. Richard E. Wagner, 2007. "Fiscal Sociology and the Theory of Public Finance," Books, Edward Elgar Publishing, number 12713.
    10. Eusepi Giuseppe & Wagner Richard E., 2010. "Polycentric Polity: Genuine vs. Spurious Federalism," Review of Law & Economics, De Gruyter, vol. 6(3), pages 329-345, December.
    11. Makowski, Louis, 1983. "Competition and Unanimity Revisited," American Economic Review, American Economic Association, vol. 73(3), pages 329-339, June.
    12. Monica Auteri & Richard Wagner, 2007. "The Organizational Architecture of Nonprofit Governance: Economic Calculation Within an Ecology of Enterprises," Public Organization Review, Springer, vol. 7(1), pages 57-68, March.
    13. Fred E. Foldvary, 1994. "Public Goods And Private Communities," Books, Edward Elgar Publishing, number 167.
    14. Virgil Storr, 2008. "The market as a social space: On the meaningful extraeconomic conversations that can occur in markets," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 21(2), pages 135-150, September.
    15. Donald J. Boudreaux & Randall G. Holcombe, 1989. "Government By Contract," Public Finance Review, , vol. 17(3), pages 264-280, July.
    16. Wittman, Donald, 1989. "Why Democracies Produce Efficient Results," Journal of Political Economy, University of Chicago Press, vol. 97(6), pages 1395-1424, December.
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    Cited by:

    1. Richard E. Wagner, 2012. "Deficits, Debt, and Democracy," Books, Edward Elgar Publishing, number 14477.
    2. Alexander W. Salter & Abigail R. Hall, 2015. "Calculating Bandits: Quasi-Corporate Governance and Institutional Selection in Autocracies," Advances in Austrian Economics, in: New Thinking in Austrian Political Economy, volume 19, pages 193-213, Emerald Group Publishing Limited.
    3. Peter K. Hazlett & Chandler S. Reilly, 2023. "Bureaucratic rent creation: the case of price discrimination in the market for postsecondary education," Constitutional Political Economy, Springer, vol. 34(2), pages 226-256, June.

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    More about this item

    Keywords

    Municipal corporations; Agency theory; Competition among governments; Political pricing; Emergence; D23; D72; D78; H70;
    All these keywords.

    JEL classification:

    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
    • H70 - Public Economics - - State and Local Government; Intergovernmental Relations - - - General

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