Diseño institucional y política pública: una perspectiva microeconómica

Kenneth Mackenzie ()
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Kenneth Mackenzie: University of Calgary
Authors registered in the RePEc Author Service: Kenneth J. McKenzie ()

Revista de Economía Institucional, 1999, vol. 1, issue 1, pages 17-58

Abstract: This survey article provides a microeconomic perspective of institutional design and public policy, focusing on the way the relations between voters, politicians and bureaucrats produce efficients outcomes in public policy. It points out the relevance of information and monitoring costs, competition and the structural features of institutions in the search of efficient results, and the way social scientists explain the failures of the political and burocratic markets.

Keywords: institucional design; public policy; information costs; political markets; bureaucracy; public choice (search for similar items in EconPapers)
JEL-codes: D72 D73 D89 (search for similar items in EconPapers)
Date: 1999
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Persistent link: http://EconPapers.repec.org/RePEc:rei:ecoins:v:1:y:1999:i:1:p:17-58

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