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Avinash K. Dixit 作者

The MIT Press

译者

1998-7-31 出版日期

210 页数

USD 24.00 价格

Paperback

丛书系列

9780262540988 图书编码

The Making of Economic Policy 在线电子书图书标签: economics 经济学相关政治经济学英语经济学烟酒僧活政治哲学

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The Making of Economic Policy 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

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The Making of Economic Policy 在线电子书 pdf 下载 txt下载 epub 下载 mobi 在线电子书下载

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The Making of Economic Policy begins by observing that most countries' trade policies are so blatantly contrary to all the prescriptions of the economist that there is no way to understand this discrepancy except by delving into the politics. The same is true for many other dimensions of economic policy.Avinash Dixit looks for an improved understanding of the politics of economic policy-making from a transaction cost perspective. Such costs of planning, implementing, and monitoring an exchange have proved critical to explaining many phenomena in industrial organization. Dixit discusses the variety of similar transaction costs encountered in the political process of making economic policy and how these costs affect the operation of different institutions and policies.Dixit organizes a burgeoning body of research in political economy in this framework. He uses U.S. fiscal policy and the General Agreement on Tariffs and Trade (GATT) as two examples that illustrate the framework, and show how policy often deviates from the economist's ideal of efficiency. The approach reveals, however, that some seemingly inefficient practices are quite creditable attempts to cope with transaction costs such as opportunism and asymmetric information.The Munich Lectures

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