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Fiscal Reconstruction Policy and Free Riding Behavior of Interest Groups Ihori, Toshihiro Itaya, Jun-ichi 345.1 345.71 経済学 fiscal reconstruction free riding consumption taxes This paper investigates dynamic properties of fiscal reconstruction process by analyzing the infinite duration dynamic game among various interest groups with a framework of voluntary acceptance of tax burden. By comparing the first best solution, the open-loop solution under enforceable commitments, and the feedback solution without commitment, we explore the free riding behavior of interest groups during fiscal reconstruction process and investigate the normative role of taxes and transfers to internalize the free riding problem. 小樽商科大学ビジネス創造センター 1998-08 eng technical report VoR http://hdl.handle.net/10252/4240 https://barrel.repo.nii.ac.jp/records/3708 Discussion paper series 49 1 34 https://barrel.repo.nii.ac.jp/record/3708/files/DP_49.PDF application/pdf 1.7 MB 2016-01-26