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Rationality, political economy, and fiscal responsibility: wrestling with tragedy on the fiscal commons

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  • Richard Wagner

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  • Richard Wagner, 2012. "Rationality, political economy, and fiscal responsibility: wrestling with tragedy on the fiscal commons," Constitutional Political Economy, Springer, vol. 23(3), pages 261-277, September.
  • Handle: RePEc:kap:copoec:v:23:y:2012:i:3:p:261-277
    DOI: 10.1007/s10602-012-9119-2
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    References listed on IDEAS

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    1. Michael McLure, 2007. "The Paretian School and Italian Fiscal Sociology," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-59626-9.
    2. Primo, David M., 2007. "Rules and Restraint," University of Chicago Press Economics Books, University of Chicago Press, number 9780226682594, September.
    3. Brennan,Geoffrey & Buchanan,James M., 2006. "The Power to Tax," Cambridge Books, Cambridge University Press, number 9780521027922.
    4. F. H. Knight, 1924. "Some Fallacies in the Interpretation of Social Cost," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 38(4), pages 582-606.
    5. Richard E. Wagner, 2007. "Fiscal Sociology and the Theory of Public Finance," Books, Edward Elgar Publishing, number 12713.
    6. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Journal of Political Economy, University of Chicago Press, vol. 62, pages 124-124.
    7. Ringa Raudla, 2010. "Governing budgetary commons: what can we learn from Elinor Ostrom?," European Journal of Law and Economics, Springer, vol. 30(3), pages 201-221, December.
    8. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 9, pages 178-203, Palgrave Macmillan.
    9. Giuseppe Eusepi & Richard E. Wagner, 2011. "States as Ecologies of Political Enterprises," Review of Political Economy, Taylor & Francis Journals, vol. 23(4), pages 573-585, October.
    10. Richard E. Wagner, 2012. "Deficits, Debt, and Democracy," Books, Edward Elgar Publishing, number 14477.
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    Citations

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    Cited by:

    1. Peter Boettke & Jayme Lemke & Liya Palagashvili, 2015. "Polycentricity, Self-governance, and the Art & Science of Association," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 28(3), pages 311-335, September.
    2. ., 2019. "Economic theory of non-territorial unbundling," Chapters, in: The Political Economy of Non-Territorial Exit, chapter 1, pages 14-38, Edward Elgar Publishing.
    3. Trent J. MacDonald, 2019. "The Political Economy of Non-Territorial Exit," Books, Edward Elgar Publishing, number 18871.

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    More about this item

    Keywords

    Fiscal commons; Institutional public finance; Antonio De Viti de Marco; Cooperative vs. monopolistic states; Polycentric vs. monocentric polities; State as intermediary; Scalefree modeling; B4; D7; E6; H6;
    All these keywords.

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • H6 - Public Economics - - National Budget, Deficit, and Debt

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