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From the Publisher
"This work is a tour de force of the kind we have come to expect fromAvinash Dixit.
Using the basic ideas of transactions cost theory, hesimultaneously analyzes much of current literature and provides hisown insights in to the theory of economic policy formulation. The workis sure to be a standard reference in the burgeoning field ofpolitical economy." Anne O. Krueger,
Professor of Economics, Stanford University.
The MIT Press