Discuss the role of policy maker, Business Law and Ethics

Assignment Help:

Discuss the role of policy maker

A policy maker, who focuses mainly on the possibility of remaining in the office, faces different set of incentives in choosing policy. He tries to choose policies in order to influence the policies of his successor, either by making such policy choices which increase the probability of winning the election of those who have similar policy preferences, in other words, from his own party, or by influencing rival's policy choices. The question is, how can a policy maker affect the choice behaviour of his rival with respect to policy preferences? He does it by altering the constraints his rival will face if he wins the election.

For example, he may choose such a policy, which will affect the rival when outcome of his policy will appear by the time his rival will hold the office. Or, another common example may be change in the boundaries of the electoral constituencies, and thereby changing the voter compositions itself. The model developed by Ferejohn (1986), presents the effects of elections on the behaviour of the incumbent as well as voters. With assumption of homogeneous voters, he sets the problem under principal-agent framework. However, when electorates are heterogeneous, the ex-post heterogeneity comes to play. In that case an incumbent may become able to play voters against one another.

 

 


Related Discussions:- Discuss the role of policy maker

What are the direct costs, 1. a.  Read this summary of a journal article ab...

1. a.  Read this summary of a journal article about education and the recent uprisings in the Middle b.    Model the decision whether to participate in a rally like our two peri

Business Ethics, As organisations affect many people, they have obligations...

As organisations affect many people, they have obligations to their employees, consumers, community and the world. They have a responsibility to conduct business in a way that is n

President''s assent, PRESIDENT'S ASSENT: Under section 46(2) of the ...

PRESIDENT'S ASSENT: Under section 46(2) of the Constitution a Bill passed through the National Assembly must be presented to the President for his assent. However the Presid

What are the stages in policy process, What are the Stages in Policy Proces...

What are the Stages in Policy Process The traditional textbook approach to the study of public policy separates policy making into its component steps and analyzes each in turn.

Company law, # difference between variation of class right and variation of...

# difference between variation of class right and variation of enjoyment

Cs 652 - programming problem, Q. CS 652 - Programming problem? Without ...

Q. CS 652 - Programming problem? Without using the system() function to call any bash commands, write a python program that will implement a simple version of the diff command.

State article1of universal declaration of human rights, State Article1of Un...

State Article1of Universal Declaration of Human Rights Article 1: 'All human beings are born free and equal in respect and rights. They are endowed with reason and conscience

Who are the stakeholders, Jordan is the director a big engineering Company....

Jordan is the director a big engineering Company. Tyson is the Chief Engineer of the company. He is working on the company's new project, namely the construction of a new building

Formation and partners - partnership law, Formation and Partners - Partners...

Formation and Partners - Partnership Law However the Partnership Act does not prescribe rules to the formation of a partnership.  Therefore a partnership may be formed like:

Personal rights invaded - statutory provisions, Personal rights invaded: ...

Personal rights invaded:                    A shareholder may sue to protect from invasion their own individual rights as members.  This is illustrated by Pender v Lushington

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd