The conventional wisdom holds that standing committees and subcommittees gain disproportionate influence over the policy decisions for which they have agenda control. Two solution concepts which make predictions about the influence of decentralized agenda setters are the structure-induced...

The canonical principal-agent problem involves a risk-neutral principal who must use incentives to motivate a risk-averse agent to take a costly, unobservable action that improves the principal’s payoff. The standard solution requires an inefficient shifting of risk to the agent. This...