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01-008/3 - The Pre-commitment Advantage of Having a Slow Legislative System


  • Authors
    Paul Frijters, Vrije Universiteit Amsterdam; Alexander F. Tieman, Vrije Universiteit Amsterdam
  • Publication date
    January 17, 2001
  • Keywords
    time-inconsistency; legislation; irreversible investments
  • JEL
    D70; E61; F41; K40