State capacity, stakeholder buy-in, and collective action problems the budget allocation case.
Weak state capacity can lead to poor economic performance owing to an inability to solve collective action problems associated with lumpy but highly productive infrastructure projects. We formulate a stakeholder buy-in game where two players (regions) must unanimously approve a lumpy infrastructure...
| Publicado no: | Philippine Review of Economics Vol. L, no. 2 (Dec. 2013), 28-52 |
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| Autor principal: | |
| Formato: | Artigo |
| Idioma: | English |
| Publicado em: |
2013
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| Assuntos: |