Shared Mandates,Moral Hazard,and Political (Mis)alignment in a Decentralized Economy
Affiliation:
1. Department of Economics, University of Cologne, Albertus Magnus Platz, Cologne, D-50923, Germany;2. Department of Economics, Braunschweig Institute of Technology, Abt-Jerusalem-Str. 7, Braunschweig, D-38106, Germany