Showing 1 - 10 of 11
This paper presents a theory of parliamentary systems that incorporates electoral, government formation, and legislative institutions and focuses on the strategic opportunities inherent in those institutions. The electoral system is proportional representation, and a party is selected as...
Persistent link: https://www.econbiz.de/10005824511
Formal theories of the internal organization of legislatures have mainly focused on the United States Congress. While these models have been successful in showing why committee systems should emerge in Congress, they fail to explain the variance in internal organization across legislatures which...
Persistent link: https://www.econbiz.de/10005824571
In this paper we consider a dynamic model of government formation and termination in parliamentary democracies. Our analysis accounts for the following observed phenomena: (1) Cabinet reshuffles; (2) Cabinet replacements; (3) Early elections; (4) Surplus governments; (5) Minority governments;...
Persistent link: https://www.econbiz.de/10005824644
Persistent link: https://www.econbiz.de/10005824680
While Congressional scholars agree that hearings are an important activity there is little consensus on their role in the legislative process. The traditional literature on hearings pplays down their role as mechanisms of disseminating information because committee members often do not appear...
Persistent link: https://www.econbiz.de/10005824686
Theories in political economy depend critically on assumptions about motivations of politicians. Our analysis starts from the premise that politicians, like other economic agents, are rational individuals who make career decisions by comparing the expected returns of alternative choices. The...
Persistent link: https://www.econbiz.de/10005766797
Persistent link: https://www.econbiz.de/10005588414
Models of government formation processes in multi-party democracies are unusually highly sensitive to the rules that govern the selection of formateurs. The formal literature has exclusively focused on two selection rules: selection proportional to seat share (Baron and Ferejohn 1989), and...
Persistent link: https://www.econbiz.de/10005588473
Persistent link: https://www.econbiz.de/10005588484
We present a dynamic model of legislative bargaining in which policy making proceeds until the proposer has no more incentive to make a new proposal to replace the previously approved policy. We characterize stationary Markov perfect equilibria for the game and show that in all pure-strategy...
Persistent link: https://www.econbiz.de/10005252408