Levy, Gilat; Razin, Ronny - In: Journal of Economic Theory 148 (2013) 5, pp. 1862-1890
We consider dynamic decision making in a legislature, in which in each period legislators vote between the status quo (previous periodʼs policy) and a new bill. However, the agenda formation process is captured by interest groups, that is, the new bill on the agenda is determined by an all-pay...