Delegation or abrogation: The impossibility of objective social welfare maximisation by government

Delegation or abrogation: The impossibility of objective social welfare maximisation by government

A model widely used for decisions which have a public interest element is delegation of parliamentary authority to a bureaucratic agency, within the confines of a legislative framework which directs the relevant agents how social welfare should be maximised within the context of the issue at hand....

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Bibliographic Details
Main Author: Wills-Johnson, Nick
Format: Working Paper
Published: Centre for Research in Applied Economics, Curtin Business School 2008
Online Access:http://hdl.handle.net/20.500.11937/40729

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