• Publications
  • Influence
Shared Mental Models: Ideologies and Institutions
The rational choice framework assumes that individuals know what is in their self interest and make choices accordingly. However, sometimes, especially in situations of uncertainty rather than risk,Expand
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When does inflation hurt economic growth? Different nonlinearities for different economies ☆
Abstract The effects of inflation on growth are shown to change substantially as the inflation rate rises. Moreover, the nonlinearities are quite different for industrial economies than forExpand
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Legislators and Interest Groups: How Unorganized Interests Get Represented
This paper derives a supply price for public policy using a constrained maximization model. In the model, three sets of agents each have preferences over outcomes: organized interest groups offerExpand
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Gatekeeping and Monopoly Power of Committees: An Analysis of Sincere and Sophisticated Behavior
By modeling sophisticated forms of committee behavior-sophistication with full information and expected utility maximization with incomplete information-this article more fully conveys the nature andExpand
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Multi-agent equilibria with market share and ranking objectives
A model of nonprice unidimentional spatial competition between firms or between political candidates is studied. Typically in such models agents are assumed to maximize their shares of customers (asExpand
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Structure-Induced Equilibria and Perfect-Foresight Expectations
This paper extends the work on structure-induced equilibria by explicitly considering voters' expectations. The standard assumption of myopic expectations is contrasted with the alternativeExpand
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Neoliberalism: National and regional experiments with global ideas
1. The Importance of Ideational Models in Shaping Economic Policy: Bounded Rationality 2. The International Spread of Neoliberalism 3. The Neoliberal Paradigm Shift in US Fiscal Policy: The Case ofExpand
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Existence of voting-market equilibria
Abstract We show the existence of an equilibrium in a model where private goods are allocated by markets and the public good (bad) is allocated by majority rule voting.
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Farquharson and Fenno: Sophisticated Voting and Home Style
This article is aimed at integrating two kinds of analysis of legislators' calculations of advantage. We assume that legislators operate in two arenas, in the legislative arena itself, where theirExpand
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AN EMPIRICAL SURVEY OF STUDIES ON PUBLIC SCHOOL SPENDING
  • A. Denzau
  • Economics
  • National Tax Journal
  • 1 June 1975
The study of public school spending has proceeded in a disjointed fashion, with no explanatory, theoretical paradigm being generally accepted. Some guidance for future work in this area can beExpand
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