Public Finance and Public Policy: Responsibilities and Limitations of Government

Document Type : Research Article

Author

Ph. D. in Economic Sciences, Imam Sadiq University

Abstract

Public Finance and Public Policy: Responsibilities and Limitations of Government” attempts to analyze the dimensions of public policy by using the findings of economics. The book by focusing on theoretical principles governing the behavior of economic agents, including models based on public choice theory, and without engaging in practical details, providing insight into public decision-making processes. The feature of this book is its reliance on some of the themes and models of “game theory”, “information economics”, “behavioral economics”, “social justice” and “political philosophy”.

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References

1-  Davis, O.A. and Whinston, A.B. (1967). “Piecemeal Policy in the Theory of Second Best”, The Review of Economic Studies, Vol. 34 No. 3, pp. 323–331.
2- Dye, T.R. (2013). Understanding public policy, 14th, Pearson, Boston.
3- Hillman, A.L. (2009). Public finance and public policy: Responsibilities and limitations of government, 2nd ed., Cambridge University Press, Cambridge.
4- Knoepfel, P., Larrue, C., Varone, F. and Hill, M. (2007). Public policy analysis, Policy Press, Bristol.
5- Lipsey, R.G. and Lancaster, K. (1956). “The General Theory of Second Best”, The Review of Economic Studies, Vol. 24 No. 1, pp. 11–32.
6- Mill, J.S., Bentham, J., Austin, J. and Warnock, M. (2003). Utilitarianism and On Liberty: Including Mill's "Essay on Bentham" and selections from the writings of Jeremy Bentham and John Austin, Edited with an Introduction by Mary Warnock, 2nd ed, Blackwell Publishing Ltd, Malden (MA), Oxford.
7- Parsons, W. (1995). Public Policy: An introduction to the theory and practice of policy analysis, Edward Elgar, Aldershot.

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