What Price Incentives
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What Price Incentives?
Sets forth in a straightforward and sensible way the philosophical reasons for the non-economist's skepticism of the economist's view of the world. Its relevance extends beyond environmental issues to other areas where microeconomic theory is being applied to public policy. Kelman cites results to confirm his view that both opponents and supporters of economic incentives have important philosophical concerns. He takes the role of an advocate of the use of incentives in formulating an environmental policy. He also discusses political strategy from the point of view of the policy entrepreneur who is trying to get ideas adopted. Economists and non-economists alike will welcome this book as a bridge over a perceptual gap in an important area of policymaking.
Incentives to Pander
Author: Nathan M. Jensen
language: en
Publisher: Cambridge University Press
Release Date: 2018-03-15
An examination of why politicians choose to employ targeted tax incentives to firms that are inefficient and distortionary.
Making Sense of Incentives
Author: Timothy J. Bartik
language: en
Publisher: W.E. Upjohn Institute
Release Date: 2019-10-15
Bartik provides a clear and concise overview of how state and local governments employ economic development incentives in order to lure companies to set up shop—and provide new jobs—in needy local labor markets. He shows that many such incentive offers are wasteful and he provides guidance, based on decades of research, on how to improve these programs.