The role of political parties: An analysis based on transaction costs

被引：33

作者：

Jones, P ^{[1
]}

Hudson, J ^{[1
]}

机构：

[1] Univ Bath, Sch Social Sci, Bath BA2 7AY, Avon, England

来源：

PUBLIC CHOICE | 1998年 / 94卷 / 1-2期

关键词：

D O I：

10.1023/A:1004924417001

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper explores the proposition that political parties reduce the 'transaction costs' of electoral participation. Political parties provide a low cost signal of a candidate's policies and personal characteristics and, in this way, reduce voters' information costs. With reference to 'transaction cost economics', political parties offer an 'implicit contract' between voters and politicians and thereby reduce the scope for opportunism by politicians. This impact on transaction costs is important in any evaluation of public policy towards political parties.

引用

页码：175 / 189

页数：15

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