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Incentives and Political Economy$

Jean-Jacques Laffont

Print publication date: 2001

Print ISBN-13: 9780199248681

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0199248680.001.0001

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(p.15) Part I Politicians as Informed Supervisors

(p.15) Part I Politicians as Informed Supervisors

Incentives and Political Economy
Oxford University Press

‘You must admit that we shall have found a way to meet your demand for realization, if we can discover how a state might be constituted in the closest accordance with our description. Will not that content you? It would be enough for me.’

Plato (1941), p. 473