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Institutions and Incentives in Public Policy

An Analytical Assessment of Non-Market Decision-Making
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Institutions and Incentives in Public Policy: An Analytical Assessment of Non-Market Decision-Making explores, both in theory and in practice, the consequences of using public policy as a tool to achieve specific individual and social goals, as well as its impact on private solutions to address such goals. The chapters examine the institutional incentives that operate in non-market settings, both governmental and non-governmental, using the theoretical frameworks of market process theory and public choice theory, they analyze a diverse set of contemporary public policy issues at both the domestic and international levels. Authored by individuals from a variety of disciplines with diverse interests in public policy, this work includes discussions of topics, such as foreign aid, education policy, environmental policy, health care policy, and the construction of private cities. This volume is relevant to scholars, students, policymakers, and knowledgeable citizens interested in the study of economics, political science, public policy, as well as those interested in particular policies rather than specific disciplines.
Rosolino Candela is a Senior Fellow of the F. A. Hayek Program for Advanced Study in Philosophy, Politics and Economics, and a Program Director of Academic and Student Programs, both at the Mercatus Center at George Mason University. Rosemarie Fike is an Instructor of Economics at Texas Christian University and a Senior Fellow of the Fraser Institute. Roberta Herzberg is a Distinguished Senior Fellow with the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics.
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