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Political agency and accountability

Timothy Besley

in Principled Agents?: The Political Economy of Good Government

Published in print:
2007
Published Online:
October 2011
ISBN:
9780199283910
eISBN:
9780191700279
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199283910.003.0003
Subject:
Economics and Finance, Public and Welfare

This chapter considers political agency models, which explore the consequences of limited information in politics. It develops a canonical model which is then used to discuss an array of issues that ... More


Political agency and public finance

Timothy Besley

in Principled Agents?: The Political Economy of Good Government

Published in print:
2007
Published Online:
October 2011
ISBN:
9780199283910
eISBN:
9780191700279
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199283910.003.0004
Subject:
Economics and Finance, Public and Welfare

This chapter applies the political agency model to public finance issues. Section 4.2 lays out the basic agency problem and the main assumptions. Section 4.3 identifies the three basic kinds of ... More


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