| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3906 |
| DP3906 Teen Births Keep American Crime High | |
| Jennifer Hunt | |
| 发表日期 | 2003-05-23 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | This Paper studies a model of public policy with heterogeneous citizens/voters and two public goods: one (roads) is chosen directly by an elected policy-maker, and the other (pollution) depends stochastically on the amount of roads. Both a one-country and a two-country version of the model are analysed, the latter displaying externalities across the countries, which creates incentives for free-riding and strategic delegation. The welfare effects of providing the policy-maker with information about the relationship between roads and pollution are investigated, and it is shown that more information hurts some ? sometimes even all ? citizens. In particular, the opportunity not to build an institution for information gathering can serve as a commitment device for a country, although with the unfortunate effect of making the overall outcome even worse. Implications for the welfare effects of ?informational lobbying? are discussed. |
| 主题 | Public Economics |
| 关键词 | Public information acquisition Value of information Welfare Interest groups Informational lobbying Strategic delegation |
| URL | https://cepr.org/publications/dp3906 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532882 |
| 推荐引用方式 GB/T 7714 | Jennifer Hunt. DP3906 Teen Births Keep American Crime High. 2003. |
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