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Are Bureaucrats Budget‐Maximizers?

Leif Lewin

in Self-Interest and Public Interest in Western Politics

Published in print:
1991
Published Online:
November 2003
ISBN:
9780198277255
eISBN:
9780191599774
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198277253.003.0004
Subject:
Political Science, Comparative Politics

Even if bureaucrats carry out the wishes of the voters and the decisions of the politicians by performing various sorts of tasks, it is, according to the assumption of the public‐choice theory, their ... More


Are Politicians Vote‐Maximizers?

Leif Lewin

in Self-Interest and Public Interest in Western Politics

Published in print:
1991
Published Online:
November 2003
ISBN:
9780198277255
eISBN:
9780191599774
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198277253.003.0003
Subject:
Political Science, Comparative Politics

According to the assumption of the public‐choice theory, politicians are guided by their self‐interest and vote maximization. By analysing studies based on theories of the political business cycle, ... More


 Perceptions and Economic Ideologies

Stephen D. Cohen

in Multinational Corporations and Foreign Direct Investment: Avoiding Simplicity, Embracing Complexity

Published in print:
2007
Published Online:
May 2007
ISBN:
9780195179354
eISBN:
9780199783779
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195179354.003.0006
Subject:
Economics and Finance, International

This chapter expounds on another core argument of this book: given the paucity of universally accepted or empirically demonstrable truths, perceptions usually determine whether an individual views ... More


The Economics of Lawmaking

Francesco Parisi and Vincy Fon

Published in print:
2009
Published Online:
January 2009
ISBN:
9780195374155
eISBN:
9780199871834
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195374155.001.0001
Subject:
Law, Constitutional and Administrative Law

This book explores the relative advantages and limits of alternative sources of law. It views the sources of law through a law and economics lens, and considers the important issue of institutional ... More


A Conditional Theory of Specialized Governance

Megan Mullin

in Governing the Tap: Special District Governance and the New Local Politics of Water

Published in print:
2009
Published Online:
August 2013
ISBN:
9780262013130
eISBN:
9780262259088
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262013130.003.0002
Subject:
Political Science, Environmental Politics

This chapter describes two competing theories of special districts, emphasizing the features that differentiate them from other local public entities. The metropolitan reform theory emphasizes the ... More


Framing the Issues: Normative Discourses, Political Imperatives

Michael J. Trebilcock

in Dealing with Losers: The Political Economy of Policy Transitions

Published in print:
2014
Published Online:
April 2014
ISBN:
9780199370658
eISBN:
9780199370672
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199370658.003.0002
Subject:
Law, Constitutional and Administrative Law

The chapter is divided into two parts. The first part reviews various normative theories of the case for and against compensation or mitigation of transition costs. It briefly reviews efficiency ... More


Administrative, Constitutional, and International Law

Eyal Zamir and Doron Teichman

in Behavioral Law and Economics

Published in print:
2018
Published Online:
June 2018
ISBN:
9780190901349
eISBN:
9780190901387
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190901349.003.0012
Subject:
Law, Philosophy of Law

Public choice theory—the application of standard economics to the behavior of public officials and citizens—has long been criticized as mischaracterizing people’s motivations and behavior. The ... More


James M. Buchanan

Roger W. Spencer and David A. Macpherson

in Lives of the Laureates: Twenty-three Nobel Economists

Published in print:
2014
Published Online:
May 2015
ISBN:
9780262027960
eISBN:
9780262325868
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262027960.003.0008
Subject:
Economics and Finance, Economic History

This chapter describes the work of James M. Buchanan who received the Nobel Prize in 1986. Born in 1919, Buchanan received his doctorate from the University of Chicago in 1948. He was affiliated with ... More


Distributive Autonomy, The Constitution, and Campaign Finance

John Attanasio

in Politics and Capital: Auctioning the American Dream

Published in print:
2018
Published Online:
March 2018
ISBN:
9780190847029
eISBN:
9780190847050
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190847029.003.0009
Subject:
Law, Constitutional and Administrative Law

In Kovacs v. Cooper, the Supreme Court permitted government to regulate the volume of sound trucks. One opinion stated that free speech does not include freedom “to drown out the natural speech of ... More


Theory

Onnig H. Dombalagian

in Chasing the Tape: Information Law and Policy in Capital Markets

Published in print:
2015
Published Online:
September 2015
ISBN:
9780262028622
eISBN:
9780262324298
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262028622.003.0002
Subject:
Economics and Finance, Financial Economics

This chapter considers the theoretical aims of information regulation and the arguments for and against regulatory intervention in the information production chain. It relates the conceptual ... More


Agricultural Supply Management: Unraveling the Transitional Gains Trap

Michael J. Trebilcock

in Dealing with Losers: The Political Economy of Policy Transitions

Published in print:
2014
Published Online:
April 2014
ISBN:
9780199370658
eISBN:
9780199370672
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199370658.003.0006
Subject:
Law, Constitutional and Administrative Law

One sector that has conspicuously resisted more general trends towards trade liberalization, in many countries, has been their agricultural sectors, where tariffs, quotas, domestic subsidies, and ... More


How the Independent Agency Developed: The Search for Expertise

Marshall J. Breger and Gary J. Edles

in Independent Agencies in the United States: Law, Structure, and Politics

Published in print:
2015
Published Online:
April 2015
ISBN:
9780199812127
eISBN:
9780199350780
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199812127.003.0002
Subject:
Law, Constitutional and Administrative Law

The creation of independent agencies, starting with the Interstate Commerce Commission in 1887, reveals a considerable degree of pragmatic evolution and development. Independence was not an essential ... More


Dilemmas of Market Ideology: The Impact of Growing Competition in Two Urban Areas

Linda Milbourne

in Voluntary sector in transition: Hard times or new opportunities?

Published in print:
2013
Published Online:
January 2014
ISBN:
9781847427236
eISBN:
9781447310952
Item type:
chapter
Publisher:
Policy Press
DOI:
10.1332/policypress/9781847427236.003.0004
Subject:
Sociology, Politics, Social Movements and Social Change

Three broad features characterise transitions in public services over some twenty-five years following the post-1948 welfare settlement and form the focus of discussion for this and successive ... More


Market Order and Market Failure

Daniel Halliday and John Thrasher

in The Ethics of Capitalism

Published in print:
2020
Published Online:
June 2020
ISBN:
9780190096205
eISBN:
9780190096243
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190096205.003.0004
Subject:
Philosophy, Political Philosophy

This chapter presents and discusses the most influential argument in favor of a capitalist economy characterized by widespread economic freedom as opposed to central government planning. Capitalist ... More


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