IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-13230-0_13.html
   My bibliography  Save this book chapter

Conclusion

In: The Economic Foundations of Government

Author

Listed:
  • Randall G. Holcombe

    (Florida State University)

Abstract

The institutions of government are the product of exchange. Individuals perceive opportunities to enhance their welfare by bargaining with others to agree to an institutional structure which provides a well-defined and stable set of rules under which individuals interact. The product of this agreement is a constitution, and the preceding chapters discussed why it is in the interests of individuals to participate in the bargaining process, what terms of agreement would be expected to be found in the resulting constitution, and gave a broad outline explaining how the government produced by the constitution would be expected to operate. For the most part, the analysis was positive in nature, describing how agreement takes place and what emerges from agreement, without passing judgment on the desirability of the resulting agreement. The last several chapters, however, extended the positive analysis to normative issues in an attempt to determine how individuals might identify desirable institutions and constitutional rules.

Suggested Citation

  • Randall G. Holcombe, 1994. "Conclusion," Palgrave Macmillan Books, in: The Economic Foundations of Government, chapter 13, pages 210-223, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-13230-0_13
    DOI: 10.1007/978-1-349-13230-0_13
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-13230-0_13. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.