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Sinopsis
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. Copublished with the Center for Economic Studies and the Ifo Institute
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Críticas
-- Anne O. Krueger, Professor of Economics, Stanford University. " This work is a tour de force of the kind we have come to expect from Avinash Dixit. Using the basic ideas of transactions cost theory, he simultaneously analyzes much of current literature and provides his own insights in to the theory of economic policy formulation. The work is sure to be a standard reference in the burgeoning field of political economy." -- Anne O. Krueger, Professor of Economics, Stanford University. & quot; This work is a tour de force of the kind we have come to expect from Avinash Dixit. Using the basic ideas of transactions cost theory, he simultaneously analyzes much of current literature and provides his own insights in to the theory of economic policy formulation. The work is sure to be a standard reference in the burgeoning field of political economy.& quot; -- Anne O. Krueger, Professor of Economics, Stanford University. "This work is a tour de force of the kind we have come to expect from Avinash Dixit. Using the basic ideas of transactions cost theory, he simultaneously analyzes much of current literature and provides his own insights in to the theory of economic policy formulation. The work is sure to be a standard reference in the burgeoning field of political economy."--Anne O. Krueger, Professor of Economics, Stanford University.
Reseña del editor
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. Copublished with the Center for Economic Studies and the Ifo Institute
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The Making of Economic Policy: A Transaction Cost Politics Perspective (Munich Lectures) (Munich Lectures in Economics)
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The Making of Economic Policy a Transaction Cost Politics Perspective
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The MIT Press, 1996
ISBN 10: 0262041553
ISBN 13: 9780262041553
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The Making of Economic Policy a Transaction Cost Politics Perspective (Munich Lectures in Economics)
Librería: Anybook.com, Lincoln, Reino Unido
Calificación del vendedor: 5 de 5 estrellas
Condición: Fair. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In fair condition, suitable as a study copy. No dust jacket. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,450grams, ISBN:0262041553. Nº de ref. del artículo: 8610672
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The Making of Economic Policy: A Transaction-Cost Politics Perspective. Munich Lectures in Economics.
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Cambridge, MIT Press, 1996., 1996
ISBN 10: 0262041553
ISBN 13: 9780262041553
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XVII, 192 S., Ln., OU.- [ Wirtschaftswissenschaft Volkswirtschaft SpracheEN J| 1996 N| Avinash K. Dixit | 46401 ]. Nº de ref. del artículo: 46401-3
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The Making of Economic Policy: A Transaction-Cost Politics Perspective (Munich Lectures in Economics)
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Condición: Sehr gut. Zustand: Sehr gut | Seiten: 187 | Sprache: Englisch | Produktart: Bücher. Nº de ref. del artículo: 42708168/202
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The Making of Economic Policy: A Transaction Cost Politics Perspective (Munich Lectures) (Munich Lectures in Economics)
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The Making of Economic Policy: A Transaction-Cost Politics Perspective
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The MIT Press, Cambridge, MA, U.S.A., 1996
ISBN 10: 0262041553
ISBN 13: 9780262041553
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Paperback. Condición: Good. Hardcover. From the collection of the late Professor Sir A.B. Atkinson, with a penned dedication to him by the author on FEP. Some fading and minor edge-wear on dust jacket. Two small nicks on upper edge of rear jacket. Jacket spine ends are worn and bumped. Jacket leading corners are worn; nick on lower leading corner of rear jacket. Lower edges of boards and spine foot are faded. Light bumping on hardcover spine ends. Pages are clean. Contents are clear throughout. AF. By Author. Used. Nº de ref. del artículo: 469104
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The Making of Economic Policy: A Transaction-Cost Politics Perspective (Munich Lectures in Economics)
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The Making of Economic Policy: A Transaction-Cost Politics Perspective (Munich Lectures in Economics)
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MIT Press 01.07.1996., 1996
ISBN 10: 0262041553
ISBN 13: 9780262041553
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Librería: NEPO UG, Rüsselsheim am Main, Alemania
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Condición: Gut. 187 Seiten ex Library Book / aus einer wissenschafltichen Bibliothek / Ohne Schutzumschlag Sprache: Englisch Gewicht in Gramm: 378 20,4 x 13,6 x 2,0 cm, Gebundene Ausgabe. Nº de ref. del artículo: 393136
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The Making of Economic Policy: A Transaction Cost Politics Perspective (Munich Lectures) (Munich Lectures in Economics)
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