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• W2481808587 abstract "Abstract The design of a complete Constitution is further augmented by focusing on the need for separation of powers to avoid regulatory capture. The economic concepts used are yardstick competition and Bayesian Nash behaviour. A number of models using different assumptions regarding separation between politicians and/or regulatory agencies are explored and an equilibrium involving excessive bribery is found to be robust. Additionally, the social costs of side‐contracting are shown to be limited by the separation of powers." @default.
• W2481808587 created "2016-08-23" @default.
• W2481808587 creator A5084485627 @default.
• W2481808587 date "2001-10-18" @default.
• W2481808587 modified "2023-09-26" @default.
• W2481808587 title "An Incentive Theory of the Separation of Powers" @default.
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• W2481808587 doi "https://doi.org/10.1093/0199248680.003.0003" @default.
• W2481808587 hasPublicationYear "2001" @default.
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