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Government Gains from Self-Restraint: A Bargaining Theory of Inefficient Redistribution

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NBER2004-03-01 更新2025-01-04 收录
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We present a bargaining model of the interaction between a government and interest groups in which, unlike most existing models, neither side is assumed to have all the bargaining power. The government finds it optimal to constrain itself in the use of transfer policies to improve its bargaining

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2004-03-01
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