Veto players and policy trade-offs : an intertemporal approach to study the effects of political institutions on policy

Fil: Tommasi, Mariano. Universidad de San Andrés. Departamento de Economía; Argentina.

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Autores principales: Tommasi, Mariano, Scartascini, Carlos, Stein, Ernesto
Formato: Documento de Trabajo Documento de trabajo draft
Lenguaje:Inglés
Publicado: Universidad de San Andrés. Departamento de Economía 2016
Acceso en línea:http://hdl.handle.net/10908/11925
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Repositorio Digital - Universidad de San Andrés (UdeSa) de Universidad de San Andrés
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spelling I37-R143-10908-119252024-09-20T16:48:52Z Veto players and policy trade-offs : an intertemporal approach to study the effects of political institutions on policy Tommasi, Mariano Scartascini, Carlos Stein, Ernesto Fil: Tommasi, Mariano. Universidad de San Andrés. Departamento de Economía; Argentina. Fil: Scartascini, Carlos. Universidad de San Andrés. Departamento de Economía; Argentina. Fil: Stein, Ernesto. Universidad de San Andrés. Departamento de Economía; Argentina. The capacity to sustain policies over time and the capacity to adjust policies in the face of changing circumstances are two desirable properties of policymaking systems. The veto player approach has suggested that polities with more veto players will have the capacity to sustain policies at the expense of the ability to change policy when necessary. This paper disputes that assertion from an intertemporal perspective, drawing from transaction cost economics and repeated game theory and showing that some countries might have both more credibility and more adaptability than others. More generally, the paper argues that when studying the effects of political institutions on policy outcomes, a perspective of intertemporal politics might lead to predictions different from those emanating from more a-temporal approaches. 2016-12-02T16:05:06Z 2016-12-02T16:05:06Z 2010-03 Documento de Trabajo info:eu-repo/semantics/workingPaper info:ar-repo/semantics/documento de trabajo info:eu-repo/semantics/draft http://hdl.handle.net/10908/11925 eng Documento de trabajo (Universidad de San Andrés. Departamento de Economía);101 info:eu-repo/semantics/openAccess https://creativecommons.org/licenses/by-nc-nd/4.0/ application/pdf application/pdf Universidad de San Andrés. Departamento de Economía
institution Universidad de San Andrés
institution_str I-37
repository_str R-143
collection Repositorio Digital - Universidad de San Andrés (UdeSa)
language Inglés
description Fil: Tommasi, Mariano. Universidad de San Andrés. Departamento de Economía; Argentina.
format Documento de Trabajo
Documento de trabajo
Documento de trabajo
draft
author Tommasi, Mariano
Scartascini, Carlos
Stein, Ernesto
spellingShingle Tommasi, Mariano
Scartascini, Carlos
Stein, Ernesto
Veto players and policy trade-offs : an intertemporal approach to study the effects of political institutions on policy
author_facet Tommasi, Mariano
Scartascini, Carlos
Stein, Ernesto
author_sort Tommasi, Mariano
title Veto players and policy trade-offs : an intertemporal approach to study the effects of political institutions on policy
title_short Veto players and policy trade-offs : an intertemporal approach to study the effects of political institutions on policy
title_full Veto players and policy trade-offs : an intertemporal approach to study the effects of political institutions on policy
title_fullStr Veto players and policy trade-offs : an intertemporal approach to study the effects of political institutions on policy
title_full_unstemmed Veto players and policy trade-offs : an intertemporal approach to study the effects of political institutions on policy
title_sort veto players and policy trade-offs : an intertemporal approach to study the effects of political institutions on policy
publisher Universidad de San Andrés. Departamento de Economía
publishDate 2016
url http://hdl.handle.net/10908/11925
work_keys_str_mv AT tommasimariano vetoplayersandpolicytradeoffsanintertemporalapproachtostudytheeffectsofpoliticalinstitutionsonpolicy
AT scartascinicarlos vetoplayersandpolicytradeoffsanintertemporalapproachtostudytheeffectsofpoliticalinstitutionsonpolicy
AT steinernesto vetoplayersandpolicytradeoffsanintertemporalapproachtostudytheeffectsofpoliticalinstitutionsonpolicy
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