Eficiência das instituições públicas: o caso da lei de trânsito brasileira
Microeconomic theory shows that it is Pareto-inefficient to deliver public goods through private markets. Institutions - especially laws - are necessary to provide public goods like clear air, traffic security and fiscal stability. However law compliance depends on a benefit-cost evaluation made by...
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Format: | Article |
Language: | Portuguese |
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Universidade de São Paulo
2002-06-01
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Series: | Economia Aplicada |
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Online Access: | https://www.revistas.usp.br/ecoa/article/view/219919 |