Table Of ContentPERSPECTIVES ON POSITIVE POLITICAL ECONOMY
POLITICEACLO NOMYO F INSTITUTIAONNDSD  ECISIONS 
Editors 
ProfeJsasmoeErs.A   ltH,a rvdaU rnievrsity 
ProfeDsosuogrlC a.Ns osr tWha,s nhgitUonni versity 
inS tL.o uis 
Othebro okisns  eries 
GarWy. C ox, eTfihfceit se encrtehtCe:a  binett hea nd 
devemleonpotfp  olitpiatcriaelsV  iicnt oErnigaalnnd  
MatheDw.M  cCubbainnTdse  rSruyll iveadn.s,C,o  ngress: 
structure and policy 
LeiLfe wiInd,e olaongyd  straac teengtyou:fr  y 
Swedipsohl itics 
RobeHr.Bt a teBsey,o tnhdme i raocflt ehm ea rktehte:  
poiltieccaoln oomfay g rardieavnem leonpitnK  enya 
CharHl.eS st ewIa,IrB Itu gderteo frmp olittihces : 
degsnio ft haep propripartoicioennst ssh  e 
HousoefR  epresen1t8a6t5i-v1e9s2,1  
YoraBma rzEeclo,n coa mnialyosfpi rso pergrihttys  
GarDy. L ibecCaopn,tr afcortp irnogp erritgyh ts 
DouglCa.Ns osr tIhn,s titutionsc,h ainngset itutional 
ande concop meiorrfmance 
ElinOosrtr oGmo,v erntihcneog m motnhsee:v  oluotfi on 
institfuortc ioolnlsea ccttiivoen
PERSPECTIVEOSN  
POSITIVPEO LITICAL 
ECONOMY 
Editbeyd  
JAMSEE .A LT 
KENNTEHA .S HEPSLE 
HarvaUrndi versity 
.�... .  CAMBRIDGE 
..
:
::  UNIVERSITY PRESS
CAMBRIDGE UNIVERSITY PRESS 
CambridNgeew,Y  orkM,e lbourMnaed,r iCda,p Teo wn, Singapore, 
Sao PaDuelloh,Di u,b aTio,k yoM,e xicCoi ty 
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thipsu blicaatnidod no,e nso t guartahnataten eyc  onteonnts  ucwhe bsiitse,s  
orw ilrle maianc,c uroarta ep proprIinaftoer.m arteigoanr dpirnigc tersa,v el 
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Contents 
Lisotfc  ontroirbsu t pagev n 
Sereideist porresf'a ce 
IX 
Acknowledgments 
x 
Edoirtsit'nr oduction  1 
JameEs.A  latn dK enneAt.Sh h epsle 
PARTI  
THEN EWP OLITIECCAOLN OMY 
1 Thee mergdiinsgc iopfpl oilnieet ciocnaolm y  9 
PetCe.rO  rdsehook 
2 Macropoelciotniocimantyl h  fei eolfdd e velopment 31 
RobeHr.tB  ates 
PARTI I 
ORGANITZIAONTSR,A NSACTIONS, 
ANDO PPOTRUNITIES 
3 Bagaringic onsitnslf,u enccoes atnstd, h e 
organiozfae tcioonnoa mcitci vity  57 
Paul Mriolmag njdo hRno berts 
4 Coproractltuuer aen de conotmhieco ry  90 
DaviMd.K  reps 
S Ameintpyo ntetiianld,ii bvtiiilseaisn,d  
polictoimcpaelt ition  144 
HaroDledm setz 
v
Contents 
PARTI II 
REFELCTIOONSN T HEORETIFCOAULN DATIONS 
6 Polistciiceaanlnc dre a ticohnoailc e  163 
WilliHa.Rm i ker 
7 Institauntdait  ornasn sacttihoenoo-rfcey ox scth ange 182 
DouglCa.sN so rth 
8 Thec osotfss p ecpirailgv ei le 195 
GordTounl lock 
9 Towaradu  nifviieeodwf e  conomaindct sh e 
other sscoiceinacle s  212 
Mancur Olson 
Notes  233 
References  245 
Index  257 
vi
Contributors 
RobeHr.Bt a tes  MancOulrs on 
DepartomfPe onlt iStciiceanlc Dee partomfEe cnotn omics 
DukUen iversity  UnviersoifMt ayr yland 
DurhaNmC,2  7706  ColglePe arMkD, 2 0742 
HaroDledm setz  PetCe.rO  rdeshook 
DepartmEecnotn oomfi cs DivisiHounm aiontfia ensSd o cial 
UnviersoifCt aylo irfnia  Sciences 
LoAsn gelCeA9s 0,0 24  CaloirfnIinais ttuotfTe e cnhology 
PasadCeAn9 a11,2 5 
DaviMd.K  reps 
GraduSactheo oBlu soifn essW illHi.aR mi ker 
StaonrfUdn iversity  DepartomfPe onlti Stciiceanlc e 
StanfCoAr9 d4,3 05  UnirvseiotfRy o chester 
Rocheste1r4,6 2N7Y  
PauMli lgrom 
Department of EcoJnoohRmnoi bcesr ts 
StaonrfUdn iversity  GraduSactheoo ofBl u siness 
StaonrfdC,A 9 4305  StanfUonvriedr sity 
StanfCoAr9 d4,3 05 
DouglCa.Ns osr th 
DepartomfEe cnotn omics GordTounl lock 
WasnhgitUonni versity DepartomfEe cnotn omics 
StL.o uiMsO, 6 3130  UnirvseiotfAy r izona 
TucsAoZn8, 5 271 
vu
Sereideist porresf'a ce 
TheC ambirdgsee roinet sh Peo liEtciocnaolom fIy n stitauntDdie ons 
cisiiosbn usia lrto uantdt emtpoat nss wtewroc  entqruaels tHioown s: 
doi nstiteuvtoiliovnne s r estpoio nndsiev iicndeunatlis vtersa,t egies, 
and choicedso,i  snatnidt uahtfeoifcwot n pste hrefa onrecom fp olitical 
anedc onosmyiescmt ?sT hes coopfet  hsee riicseo sm paraanthdii vse 
toricalt hraiannt theerrn oarts ipoencailfA imcearlilacynat dnh ,foe c us 
isp osirtaitvhteeh ran no rmative. 
Thes imaunletoturse atomfet nhtet sweo  ceqnutersatlii sao ttn hse  
heaorftt h fei eolfpd o siptoilviet ica.lO  ne ctohneo mwyhcohlaep, the 
tercso ltleeidc nt hivso luamveo niodr majtuidvgem eanntdss t eae r 
courmsied wabeyt weberno ahdi stogreincaealrli zaatniddo ent ailed 
mircotheorreetaiiscnoagnWl.i  thtihne lsieim ttsh,e cyo nitnaa  broad 
set vioefow fst  hteh eoresttircuacoltft u hrfeei  eClhadp.t esruser yv 
botmhi rcoroaontmdsa  cropheniontm heeenv ao luotfFi riosnWt o rld 
anTdh iWrodr lpdo lietciocnaolm Miuecsoh.f t  hveo luimased  dressed 
too rganizdaetvieolnoapdlmi esnctuf,sr sodemid v epresres petchtaitv es 
strtehsreso  loefrs e uptatainoudnn o fresceoennt ingoeffn actciieosn,a l 
competfiotarim oenn piotetyn tiaanlod,f t  hceo sotfa  tetmpttion gi n
fluecnoclel eaccttiivoIenn ls a.t cehrae prtss,e vecroaenlnt dianpg 
proacahrerese  presiendn itsecdu sosfvi aorniusen sdio  tfa naltyhsaits  
havfeo undreeds eaprrcohgm rsai:n divdiedcuiaslei xocnhsa,tn rgaen s
actiroennsste, e kainndig n,d iviitsiiebsi.l 
Neverthwehliedlsiess ,p lmauycihn gd iversitayn dco ofn approach 
tentth,ce h aeprtosft  hviosl usmhea arneu  nderluynyiio ntfpg u rpose: 
tod emonshtorwae tceo noamnidpc o litoiuctcaolrm eefsl cehcoti ces 
constrbayii nnsetdi twuhtiialolesne osx  plawihnyia nnhgdo  w,v iienw  
oft hoeu tcosmuecsih,n  stitsuhtoiuholandvds ee  veloped. 
IX
Acknowledgments 
Thep resveonltu cmoen soifsa nt su mboefcr o mmisspieiocnefesod r  a 
seroifes se misno anpr olietciocnaolhm eyli dnC  ambirdgMea,s sachu
setattHs a,r vaUrnvdie rsiintt hyfel a olf1  897F.i nanscuipaplio ntr hte  
foromfa  g ratnoHt a rvdaf rrotmh Aen drWe.wM  ellFoonu ndaitsi on 
grautlelafcyk neodwgleTdh.ig sr ant sulpceptourrbteyRes od b eHr.t  
BateHsa,r oDledm seDtozu,g lCa.Ns so rtMha,n cOulrs oWni,ll iam 
H. eRriJ,ko hRno beratnsGd,o  rdTounlo lckR.e vivseerds oifot nhse se 
lectaurrceeo sn taiintn hefdelo  olwinpga geTsh.ea yr jeo inbeyrd w o 
previuonupsulbyl (iisEnhn egdle issshba)yyD  sa vMi.dK  reapnsPd e ter 
C.O rdeshook. 
Thee ditaolrssto h anJka meHsa miolnt,a ne conomgircasd uate 
studaetnH tar avrdf,o rh issu bstaanntdei dviet oardivailac ned,  
TonyaK oenkfeorcr o mpial uinnigf biieibdol graapnhdfoy r o ther 
manuscript-ptraespkasr.a tion 
JameE.sA  lt 
KenneAt.Sh h epsle 
CambidrgMea,s cshaeutsts 
x