Political entrepreneurship and bidding for political monopoly

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Michael Wohlgemuth;
  • Subject: Schumpeter and public choice - Political entrepreneurs - Entry barriers - Policy reform - Political competition
    • jel: jel:D72 | jel:D78 | jel:L10

An analytical framework for dealing with political entrepreneurship and reform is proposed which is based on some new combinations of Schumpeterian political economy, an extended version of Tullock's model of democracy as franchise-bidding for natural monopoly and some ... View more
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