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