Tim Besley (Alesina Seminar)

See the seminar's full schedule here: Alberto Alesina Seminar on Political Economy

Today's Speaker

Tim Besley (London School of Economics), "An Economic Model of Deliberative Democracy"

Abstract

This paper develops a canonical model of deliberative democracy as part of a policy process.  It studies how deliberation affects incentives and behavior in three contexts: (i) compliance with policies (ii) equilibrium policy choices in a representative democracy and (iii) incentives to protest. The paper explores whether there are welfare gains from increased deliberation and how these depend on changes in equilibrium behavior.

Co-sponsored by FAS and IQSS, the Alberto Alesina Seminar on Political Economy supports research-related activities that integrate the study of economics and politics, whether by studying economic behavior in the political process or political behavior in the marketplace. In general, positive political economy is concerned with showing how observed differences among institutions affect political and economic outcomes in various social, economic, and political systems and how the institutions themselves change and develop in response to individual and collective beliefs, preferences, and strategies.

Zoom links for the Alesina Seminar are distributed via the seminar's mailing list. You can subscribe to the Alesina Seminar Mailing List here.

See the seminar's full schedule at the Alesina Seminar page.

All interested faculty and students are invited to attend.