Political Parties, Political Integrity and Public Policy
A ‘Transactions Costs' Approach
Bibliographic Data
| ID | 6344110 |
|---|---|
| Authors | Philip Jones (0000-0003-2860-1660, University of Bath), Jonell Hudson (0000-0002-8290-2942, University of Bath), John Hudson (0000-0001-7323-384X, University of Bath) |
| Year | 2001 |
| Volume | 49 |
| Issue | 1 |
| Pages | 70-88 |
| Publication date | 2001-03-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Political Studies (JOURNAL) |
| Journal identifiers | ISSN: 0032-3217 • E-ISSN: 1467-9248 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1111/1467-9248.00303 |
| OpenAlex | W2043658607 |
| Language | EN |
| Citations received | 5 |
| References cited | 27 |
Increasing concern about political ‘sleaze’ prompted the establishment, in 1995, of the Standing Committee of Standards in Public Life and the announcement, in 1999, of proposals to reform political party finance in the UK. A ‘public choice’ analysis predicts ‘opportunism’ by representatives at the expense of ‘rationally ignorant’ voters. It commends constitutional constraints to restrict the range of policy options open to representatives. By contrast, a ‘transactions costs' approach suggests that electoral competition can offer protection when voters rely on ‘party signal’ as a low cost information source. If voters reduce transactions costs by relying on party signal, politicians have an incentive to maintain party reputation. Representatives are more willing than might otherwise be anticipated to accept the need for regulation if this serves to protect reputation
Business · Campaign finance · Competition (biology · Economics · Incentive · Law and economics · Market economy · Microeconomics · Opportunism · Political science · Politics · Public economics · Reputation · Electoral Systems and Political Participation · Judicial and Constitutional Studies · Law · Political Influence and Corporate Strategies
Structure and change in economic history
The power to tax
Economic organization
British Social Attitudes
Democracy and Decision
The British General Election of 1992
An economic theory of democracy
Democracy and the Organization of Political Parties
The effect of attribute qualities on consumer decision making
Towards a positive theory of political rhetoric
Preferences, loyalty and party choice
The role of political parties
Using Repeat Challengers to Estimate the Effect of Campaign Spending on Election Outcomes in the U.S. House
The Industrial Organization of Congress; or, Why Legislatures, Like Firms, Are Not Organized as Markets
Why Democracies Produce Efficient Results
Constitutions and Commitment
A Constitution for Knaves Crowds out Civic Virtues
The Nature of the Firm
Towards an Understanding of Turnout at British General Elections
Donations to Political Parties
Rational Choice and Turnout
The Quality of Political Leadership
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,21 |
| Citation span | 2002 - 2016 (15) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 5 |