Competitive Governments
1.6 hrs read
Rate this book:
About This Book
Competitive Governments explores in a systematic way the hypothesis that governments are internally competitive, that they are competitive in their relations with one another and in their relations with other institutions in society that, like them, supply consuming households with goods and services.
Professor Breton contends that competition not only serves to bring the political system to an equilibrium but that it also leads to a revelation of the households' true demand functions for publicly provided goods and services, and to the molding of a link between the quantities and the qualities demanded and supplied and the taxprices paid for these goods and services. In the real world where information is costly, the links may not be first-best, but they will be efficient if competition is vigorous.
Professor Breton contends that competition not only serves to bring the political system to an equilibrium but that it also leads to a revelation of the households' true demand functions for publicly provided goods and services, and to the molding of a link between the quantities and the qualities demanded and supplied and the taxprices paid for these goods and services. In the real world where information is costly, the links may not be first-best, but they will be efficient if competition is vigorous.
Buy This Book
As an Amazon Associate and Bookshop.org affiliate, BookOrb earns from qualifying purchases.
Write a Review
Sign in to write a review.
More by Albert Breton
A conceptual basis for an indu
A conceptual basis for an industrial strategy
A summary and brief commentary
A summary and brief commentary on "Economic goals for Canada to 1970", first Annual review of the Economic Council of Canada
A theory of "moral" suasion
A theory of "moral" suasion
An economic analysis of bureau
An economic analysis of bureaucratic efficiency
Bijuralism
Centralization, decentralizati
Centralization, decentralization and intergovernmental competition