Competitive governments
Subtitle: an economic theory of politics and public finance
By: Albert Breton.
Publisher: Cambridge University Press
Published: 1996
Place of publication: Cambridge; New York
Language: eng
Number of pages: 385
Subjects: Finance, Public.; Public goods.; Government competition.
Description: Competitive Governments explores in a systematic way the hypothesis that governments are internally competitive, that they are competitive in their relations with one another and in their relations with other institutions in society that, like them, supply consuming households with goods and services.

Professor Breton contends that competition not only serves to bring the political system to an equilibrium but that it also leads to a revelation of the households' true demand functions for publicly provided goods and services, and to the molding of a link between the quantities and the qualities demanded and supplied and the taxprices paid for these goods and services. In the real world where information is costly, the links may not be first-best, but they will be efficient if competition is vigorous.
Notes: Includes bibliographical references (p. [337]-361) and indexes.