2001 Fiscal Year Final Research Report Summary
A Study on the Behavior and the Institutions of the Public Sector
| Project/Area Number |
11630095
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Public finance/Monetary economics
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| Research Institution | Osaka University |
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Principal Investigator |
YAMADA Masatoshi Graduate School of Economics, Osaka University Professor, 大学院・経済学研究科, 教授 (90125782)
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| Project Period (FY) |
1999 – 2001
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| Keywords | Private provision of public goods / Social welfare / Income distribution / Social choice theory / Social welfare function / Social decision making / Public choice theory |
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| Research Abstract |
The purpose of the present study was in to clarify how the government behaves in its determination of all kinds of policies and also to analyze how the governmental institution or its structural feature affects both the determination of policies and the economic performances. The study intended to consider the policy determination/decision making of the public sector and its implication on the economy in more depth, by applying in a systematic and synthesized way the voting theory, the theory of social welfare function and social choice theory, the public choice theory, the comparative institutional analysis extended mainly by applying the game theory.
The present study has made progress in the following points: first, it contributed to clarifying remaining ambiguities concerning a variety of policy arguments. The research in this area includes refinement of the problem of private provision of public goods, dynamic optimal tax theory, neutrality of national debt, and so on. Second, it intended to clarify in more detail the conditions under which a consistent social decision is made possible via majority voting. The present study found a sufficient condition under which majority voting yields a consistent social decision. The third area of study is in analyzing the government behavior and the features and the problems of the behavior by applying the public choice theory. The present study clarified that most of the problems in the government decision are explained systematically if we suppose that the government has its own intention and thus is an intuition different from the people in a society.
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