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Diseño institucional y política pública: una perspectiva microeconómica

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  • Kenneth Mackenzie

    ()
    (University of Calgary)

Abstract

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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File URL: http://www.uexternado.edu.co/facecono/ecoinstitucional/workingpapers/kmackenzie1.pdf
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Bibliographic Info

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:17-58

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Related research

Keywords: institucional design; public policy; information costs; political markets; bureaucracy; public choice;

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References

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  1. Niskanen, William A, 1975. "Bureaucrats and Politicians," Journal of Law and Economics, University of Chicago Press, vol. 18(3), pages 617-43, December.
  2. Sam Peltzman, 1988. "How Efficient Is the Voting Market?," University of Chicago - George G. Stigler Center for Study of Economy and State 53, Chicago - Center for Study of Economy and State.
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  9. Rubinfeld, Daniel L, 1977. "Voting in a Local School Election: A Micro Analysis," The Review of Economics and Statistics, MIT Press, vol. 59(1), pages 30-42, February.
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  19. Peltzman, Sam, 1984. "Constituent Interest and Congressional Voting," Journal of Law and Economics, University of Chicago Press, vol. 27(1), pages 181-210, April.
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  23. Crowley, R.W., 1994. "The Public Sector and Public Provision in Economic Theory," Papers 94-08, Queen's at Kingston - School of Policy Studies.
  24. Kau, James B & Keenan, Donald & Rubin, Paul H, 1982. "A General Equilibrium Model of Congressional Voting," The Quarterly Journal of Economics, MIT Press, vol. 97(2), pages 271-93, May.
  25. Kenneth J. Arrow, 1950. "A Difficulty in the Concept of Social Welfare," Journal of Political Economy, University of Chicago Press, vol. 58, pages 328.
  26. Romer, Thomas & Rosenthal, Howard, 1979. "Bureaucrats versus Voters: On the Political Economy of Resource Allocation by Direct Democracy," The Quarterly Journal of Economics, MIT Press, vol. 93(4), pages 563-87, November.
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  28. Carroll, Kathleen A, 1993. " The Effects of Multiple Objectives in the Theory of Public Sector Supply," Public Choice, Springer, vol. 75(1), pages 1-20, January.
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  30. Fiorina, Morris P & Noll, Roger G, 1978. "Voters, Legislators and Bureaucracy: Institutional Design in the Public Sector," American Economic Review, American Economic Association, vol. 68(2), pages 256-60, May.
  31. Kitchen, H., 1993. "Efficient Delivery of Local Government Services," Papers 93-15, Queen's at Kingston - School of Policy Studies.
  32. Hahn, Robert W, 1990. " The Political Economy of Environmental Regulation: Towards a Unifying Framework," Public Choice, Springer, vol. 65(1), pages 21-47, April.
  33. Romer, Thomas & Rosenthal, Howard, 1982. "Median Voters or Budget Maximizers: Evidence from School Expenditure Referenda," Economic Inquiry, Western Economic Association International, vol. 20(4), pages 556-78, October.
  34. Breton, Albert & Wintrobe, Ronald, 1992. "Freedom of speech vs. efficient regulation in markets for ideas," Journal of Economic Behavior & Organization, Elsevier, vol. 17(2), pages 217-239, March.
  35. de Groot, Hans, 1988. "Decentralization decisions in bureaucracies as a principal-agent problem," Journal of Public Economics, Elsevier, vol. 36(3), pages 323-337, August.
  36. Walter Hettich & Stanley L. Winer, 1995. "Decision Externalities, Economic Efficiency and Institutional Response," Canadian Public Policy, University of Toronto Press, vol. 21(3), pages 344-361, September.
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