Regulation in a political economy: explaining limited commitment and the ratchet effect

Roland Strausz

Economics of Governance, 2000, vol. 1, issue 3, 197 pages

Keywords: JEL classification: D82; G38; Key words: endogenous limited commitment; renegotiation; short run contracts; contractual incompleteness (search for similar items in EconPapers)
Date: 2000
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