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This book focuses on the role of interest groups and their lobbying efforts in public policy. It applies strategic contest theory as the basic methodology and clarifies the fundamental parameters that determine the behavior of the government and the interest groups. It illustrates the proposed approach in five specific cases: determination of monopoly price, privatization policy, migration quotas, minimum wage and promotion in tournaments.
The quest for benefit from existing wealth or by seeking privileged benefit through influence over policy is known as rent seeking. Much rent seeking activity involves government and political decisions and is therefore in the domain of political econo
A new way to understand economic problems that complement the traditional views and expand subjects that social scientists should consider.
'This is a comprehensive set of essays on myriad facets of public choice by many of the leading contributors in the field. The coverage is excellent and the essays are terrific. I highly recommend this book for researchers and students.' – Todd Sandler, University of Texas at Dallas, US The Elgar Companion to Public Choice, Second Edition brings together leading scholars in the field of political economy to introduce readers to the latest research in public choice. The Companion lays out a comprehensive history of the field and, in five additional parts, it explores public choice contributions to the study of the origins of the state, the organization of political activity, the analysis of decision-making in non-market institutions, the examination of tribal governance, and to modeling and predicting the behavior of international organizations and transnational terrorism. With broad and up-to-date coverage, this second edition will appeal to politicians and policymakers, academics and researchers in public and social choice and political science as well as graduate students in economics, political science and public administration.
Culture plays a central role in our understanding of migration as an economic phenomenon. This title emphasises on the distinctions in culture between migrants, the families they left behind, and the local population in the migration destination.
This volume contains a selection of papers that were presented at the CRESSE Conferences held in Chania, Crete, from July 6th to 8th, 2012, and in Corfu from July 5th to 7th, 2013. The chapters address current policy issues in competition and regulation. The book contains contributions at the frontier of competition economics and regulation and provides perspectives on recent research findings in the field. Written by experts in their respective fields, the book brings together current thinking on market forces at play in imperfectly competitive industries, how firms use anti-competitive practices to their advantage and how competition policy and regulation can address market failures. It provides an in-depth analysis of various ongoing debates and offers fresh insights in terms of conceptual understanding, empirical findings and policy implications. The book contributes to our understanding of imperfectly competitive markets, anti-competitive practices and competition policy and regulation.
It would be fair to say that foreign aid today is one of the most important factors in international relations and in the national economy of many countries – as well as one of the most researched fields in economics. Although much has been written on the subject of foreign aid, this book contributes by taking stock of knowledge in the field, with chapters summarizing long-standing debates as well as the latest advances. Several contributions provide new analytical insights or empirical evidence on different aspects of aid, including how aid may be linked to trade and the motives for aid giving. As a whole, the book demonstrates how researchers have dealt with increasingly complex issues over time – both theoretical and empirical – on the allocation, impact, and efficacy of aid, with aid policies placed at the center of the discussion. In addition to students, academics, researchers, and policymakers involved in development economics and foreign aid, this Handbook will appeal to all those interested in development issues and international policies.
This book addresses several gaps in knowledge of aid allocation and effectiveness and provides new analytical insights. Topics covered include the interface between aid allocation and perceptions of aid effectiveness, the year-on-year volatility of aid and evaluation of the country-level impacts of aid.
How immigrants and their descendents fare in the host society and in particular in the labor market is a very important question. This work helps to understand the complex relationship between ethnic or minority groups, the role of ethnic identity and their disparate economic performance.
ŠThis is an extremely impressive volume which guides readers into thinking about migration in new ways. In its various chapters, international experts examine contemporary migration issues through a multitude of lenses ranging from child labor, human t