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Rules concerning disclosure of information and accounting change behaviour but only be drawing attention to certain facts. In the area of environment, Health, epidemics, and other hazards for instance, there is evidence that informal enforcement has had significant effects. In fact, information does affect the behaviour of voters, there are strong reasons to believe that incumbents in the political process will try to suppress adversely affecting information and highlight the others. We have seen earlier that externalities or free rider problems play an important role in determining the effectiveness of interest groups. Deep interventions need to be distinguished from shallow interventions while considering the path dependence of outcome in formatting a policy. Information lies at the heart of belief in agents and expectations formed or deformed are the playmate of information. This becomes more effective when political process is taken into consideration if process as we have seen above.
QUESTION (i) ‘The area of E-Government encompasses three major domains. These domains address the problems that Government is too inefficient and ineffective; too selfserving a
critically examine that privatization can always decentralize economic power
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how wage increase of fixed income groups'' will affect the overall economy? what are effects exactly?
Q. What do you understand by Policy Process? Begin from theoretical frame work of policy making and proceed breaking various assumptions and introducing heterogeneity of agents
Graphthe market for water park business, labeling the demand curve, the social-value curve, the market equilibrium level of output, and the efficient level of output. What is the p
Explain how the price system answers the five fundamental questions of economics, and talk about at least two of the short-comings of the capitalist price and market system.
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