TY - BOOK AU - Laffout, Jean-Jacques TI - Incentives and political economy SN - 9780198294245 U1 - 330 PY - 2000/// CY - New York PB - Oxford University Press KW - Commercial policy KW - Economic policy KW - Industrial policy KW - Incentives in industry KW - Industrial promotion KW - Economics N1 - Political Economy with a Benevolent Monarch -- The Design of Democratic Institutions -- Political Economy in Democratic Countries -- The Chicago View of Interest Group Politics -- The Complete Contracting Approach -- The Incomplete Contracting Approach -- Adding Asymmetric Information -- Endogenous Coalition Formation -- Politicians as Informed Supervisors -- The Complete Contract Approach to Constitutional Design -- A Simple Supervision Model -- The Optimal Constitution Without Supervision -- The Supervision Technology -- Optimal Incentives for the Politician -- Optimal Collusion-proof Constitution -- Equilibrium Collusion -- An Incentive Theory of the Separation of Powers -- Separation of Powers and Yardstick Competition -- A Model with Three Types -- Single Non-benevolent Politician -- Separation of Politicians -- Collusion-proof Constraints -- Optimal Constitution under Separation -- Comparative Statics: Rent and Welfare -- Generalization of the Results -- Prudent Behavior and Various Preferences -- Discriminatory Side-contracting Offers -- Collusion Between the Politicians -- Checks and Balances -- The Model -- Optimal Symmetric Constitution -- Supervision and Division of Tasks -- Multidimensional Collusion Activities -- A Model with Three Politicians -- Optimal Supervisory Structures -- Flexibility Versus Discretion in Constitutional Design -- Political Economy and Industrial Policy -- Political Interference in the Rent-Efficiency Trade-off -- Ownership Matters -- Incentives against Capture as a Constitutional Rule ER -