Importance of heterogeneity, Public Economics

Assignment Help:

Q. Importance of heterogeneity?

The importance of heterogeneity for public policy process can be summarized in two propositions.

- Heterogeneity or conflict of interests is necessary for existence of political constraints.

- The public policy process is concerned with the mechanism by which those conflicts are resolved.


Related Discussions:- Importance of heterogeneity

Uncertainties of the future and heterogeneity of agents, Introduce uncertai...

Introduce uncertainties in attainments of policy outcomes, winning of elections, optimistic and pessimistic expectations of agents and relate it to various adjustments and converge

Constructed market techniques, Normal 0 false false false ...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

GDP, 1. If GDP is not a good measure of economic well-being, why then it is...

1. If GDP is not a good measure of economic well-being, why then it is always used by the president in his/her STATE OF THE NATION''S ADDRESS?

Importance of Perception in negotiation., Apply general attribution theory ...

Apply general attribution theory to analyze and explain each party''s attitudes and conclusions. Hint: Use consensus, consistency, distinctiveness, and the fundamental error. 2. Ex

Define heterogeneity, Q. Define Heterogeneity? We know that breaking of...

Q. Define Heterogeneity? We know that breaking of the assumptions of homogeneity of agents, in welfare economics, makes it difficult to define social welfare function. Breakin

Policy processes, Explain the stages and various coordination mechanisms in...

Explain the stages and various coordination mechanisms involved in policy processes. Discuss various factors that influenced the agenda setting in policy processes.

Policy frameworks and decision process, With a background from the previous...

With a background from the previous section we now study some of the critical characteristics of policy process. You have already studied earlier various technical theories relatin

Explain ex-post heterogeneity, The other type is called ex-post heterogenei...

The other type is called ex-post heterogeneity which refer to the conflict (of interests) arising due to distributional implications of the public policy. Thus when a public polic

Advantages of mbis, Normal 0 false false false EN-IN ...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Opportunity cost of everything increase, Earlier than the Civil War, the So...

Earlier than the Civil War, the South graded with the North and with England. It sold cotton and bought manufactured goods and food. Throughout the war, one of Lincoln's first acti

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