BOOK DESCRIPTION

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Constitution For A Future Country

Nicolaus Tideman, Martin J. Bailey

Hardback (March 2001)

Description:

This book offers ways to overcome problems that arise because voters,

politicians and bureaucrats pursue selfish interests rather than the general

interest in their political behaviour. It combines previously published ideas

about charging people the costs of their political actions and selling

insurance against unfavourable political outcomes, with new ideas about

competing legislatures and incentives for generating efficient political

outcomes. The book includes new theorems about the mechanisms that

are discussed, as well as a proposed constitution and its rationale.

Contents:

List of Tables

List of Figures

Acknowledgements

Foreword

The Emerging Country:

Appendix: Are Governments Really Inefficient?

Ways to Overcome the Public Goods Problem

*Appendix: Notes on Altruism, Ideology, and Anarchy

The Draft Constitution and its Rationale

Appendix: The Draft Constitution

* Perspectives and Alternatives (Chapter 4 pages 162-82)

The Thompson Insurance Mechanism

Adjustments for Income Effects

Appendix: Formal Proofs

Why Nash Solutions are Not Solutions

Notes

Bibliography

Index

The material marked with an asterisk is discussed here