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The transaction-cost politics for privatization
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The Sociological Review, 2011
In spring 2009, revelations over the expense claims of British MPs led to one of the most damaging scandals affecting the legitimacy of parliamentary democracy in recent history. This article explores how this incident reveals the capacity of Web 2.0 devices and transactional data to transform politics.
Evelyn Ruppert, Mike Savage
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In spring 2009, revelations over the expense claims of British MPs led to one of the most damaging scandals affecting the legitimacy of parliamentary democracy in recent history. This article explores how this incident reveals the capacity of Web 2.0 devices and transactional data to transform politics.
Evelyn Ruppert, Mike Savage
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Political Transaction Costs and the Politics of Administrative Design
The Journal of Politics, 2004We propose a political transaction cost theory of the politics of administrative design and then evaluate the theory using data on the initial design attributes of 141 federal administrative agencies created legislatively between 1879 and 1988. The theory posits that the enacting coalition attempts to strategically manipulate administrative design ...
B. Dan Wood, John Bohte
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The politics of taxing financial transactions in the EU
2021This chapter looks at the politics of Financial Transaction Tax (FTT) in the EU. It argues that the original European Commission proposal in 2011 to tax transactions of equities and derivatives in the secondary market quickly triggered a battle of ideas. Pro-FTT actors highlighted the moral and normative desirability of the FTT and argued that it would
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Structuring Transactions to Minimize Political Risk
2020Abstract This chapter analyzes the types of investment projects most often undertaken in developing States, and provides an analysis of the structures that can be implemented to reduce exposure to political risk. The discussions cover project types (petroleum extraction agreements and infrastructure projects), transaction structures ...
Noah D Rubins +2 more
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THE POLITICAL EMBEDDEDNESS OF PRIVATE ECONOMIC TRANSACTIONS*
Journal of Management Studies, 1993ABSTRACTGovernments are able to manipulate economic transactions in order to achieve foreign policy goals. This article addresses the question: can managers of multinational enterprises (MNEs) structure economic transactions in ways that will limit the costs resulting from government intervention?
Carol K. Jacobson +2 more
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Political Transaction-Cost Manipulation
Journal of Theoretical Politics, 1994This article shows linkages between a broadened transaction-cost theory of politics and prior studies analyzing governmental behavior such as agenda control, strategic use of information, cost concealment and cost dispersion. It develops a model of government manipulation of politically relevant transaction costs in order to facilitate both more ...
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A Transaction Cost Theory of Politics
Journal of Theoretical Politics, 1990This essay first specifies and describes the behavioral and information cost assumptions that underlie instrumental rationality and the consequent a-institutional world of neoclassical theory and contrasts these assumptions to those that underpin a theory of institutions and transaction costs.
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