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1、PerssonPersson-FMMay22,200014:17PoliticalEconomicsIPerssonPersson-FMMay22,200014:17ZeuthenLectureBookSeriesKarlGunnarPersson,editorModelingBoundedRationalityArielRubinsteinForecastingNon-stationaryEconomicTimeSeriesMichaelP.ClementsandDavidF.HendryPoliticalEconomics:Exp
2、lainingEconomicPolicyTorstenPerssonandGuidoTabelliniIIPerssonPersson-FMMay22,200014:17PoliticalEconomicsExplainingEconomicPolicyTorstenPerssonandGuidoTabelliniTheMITPressCambridge,MassachusettsLondon,EnglandIIIPerssonPersson-FMMay22,200014:17c2000MassachusettsInstitute
3、ofTechnologyAllrightsreserved.Nopartofthisbookmaybereproducedinanyformbyanyelectronicormechanicalmeans(includingphotocopying,recording,orinformationstorageandretrieval)withoutpermissioninwritingfromthepublisher.ThisbookwassetinTimesRomanbyInteractiveCompositionCorporati
4、on.PrintedandboundintheUnitedStatesofAmerica.LibraryofCongressCataloging-in-PublicationDataPersson,Torsten.Politicaleconomics:explainingeconomicpolicy/TorstenPerssonandGuidoTabellini.p.cm.—(Zeuthenlecturebookseries)Includesbibliographicalreferencesandindex.ISBN0-262-161
5、95-8(hc)1.Economicpolicy.I.Tabellini,GuidoEnrico,1956–II.Title.III.Series.HD87.P468200000-028245338.9—dc21IVPerssonPersson-FMMay22,200014:17ToChristina,Johanna,Jenny,andJuliaToGiovanna,Marco,andAnnaVPerssonPersson-FMMay22,200014:17VIPerssonPersson-FMMay22,200014:17Conte
6、ntsSeriesForewordxiiiForewordxvPrefacexvii1GeneralIntroduction11.1EconomicPolicy61.2Politics101.3ConcludingRemarks14ITOOLSOFPOLITICALECONOMICS152PreferencesandInstitutions192.1AGeneralPolicyProblem192.2RestrictingPreferences212.3RestrictingInstitutions282.4Discussion402
7、.5NotesontheLiterature412.6Problems413ElectoralCompetition473.1ASimpleModelofPublicFinance483.2DownsianElectoralCompetition493.3Median-VoterEquilibria513.4ProbabilisticVoting523.5Lobbying583.6Discussion623.7NotesontheLiterature633.8Problems644Agency694.1EfficientElectora
8、lCompetition704.2InefficientElectoralCompetition714.3Enforceability,Verifiability,andObservability734.4Electoral
