This book is the second edition of Public Finance and Public Policy (2003). The second edition retains the first edition's themes of investigation of responsibilities and limitations of government. The present edition has been rewritten and restructured. Public choice and political economy concepts and political and bureaucratic principal-agent problems are introduced at the beginning for application to later topics. Fairness, envy, hyperbolic discounting, and other concepts of behavioral economics...
This book is the second edition of Public Finance and Public Policy (2003). It retains the first edition's themes of investigation of responsibilities and limitations of government. Public choice and political economy concepts are introduced at the beginning for application to later topics, and concepts of behavioral economics are integrated throughout. The purpose of the book is to provide an accessible introduction to the use of public finance...
Arye L. Hillman is William Gittes Professor of Economics at Bar-Ilan University in Israel. He has taught at Princeton University and UCLA and has been a guest lecturer at universities around the world. Professor Hillman received his Ph.D. in economics from the University of Pennsylvania. His professional papers include research under the auspices of the International Monetary Fund and the World Bank. He is a former president...
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