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- W2098740003 abstract "Selection of efficient institutions or policies in politics requires constituents to estimate the net benefits of political reforms. Political competition fails to inform constituents of the costs of forgone political alternatives. Ignorance of ‘political opportunity costs’ prevents the adoption of welfare enhancing reforms of public institutions and policies. The empirical record supports this contention." @default.
- W2098740003 created "2016-06-24" @default.
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- W2098740003 date "2008-09-01" @default.
- W2098740003 modified "2023-09-26" @default.
- W2098740003 title "The use of knowledge about society" @default.
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- W2098740003 doi "https://doi.org/10.1016/j.jebo.2006.09.004" @default.
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