Relational Political Contribution under Common Agency
نویسندگان
چکیده
منابع مشابه
Relational Political Contribution under Common Agency∗
A model of political contribution of dynamic common agency where state-contingent agreements must be self-enforced is considered. Two issues are mainly examined; punishment strategy on deviation and the limit and scope of implicit agreements. The punishment strategy on the principals takes a form of two-phase scheme in general and, more specifically, it is either an “Exclusion-type”, on which t...
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** Associate Professor, University of Maryland; National Fellow, Hoover Institution, Stanford University. We are grateful to Ron Gilson, Joe Grundfest, Alan Schwartz, and Eric Talley for helpful comments. Todd Cleary provided excellent research assistance. The support of the John M. Olin Program in Law and Economics at Stanford Law School and The Roberts Center for Law, Business, and Corporate ...
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ژورنال
عنوان ژورنال: Journal of Public Economic Theory
سال: 2016
ISSN: 1097-3923
DOI: 10.1111/jpet.12215