Gueth, Werner; Kocher, Martin; Pantz, Katinka; Sutter, … - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004
Direct democracy with its use of referenda avoids the prototypical principal-agent problems of delegation in indirect democracies, especially since elected representatives are usually not committed by law to keep their promises. Sequential or more complex referenda may, however, result in an...