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Some committees convene behind closed doors while others publicly discuss issues and make their decisions. This paper studies the role of open and closed committee decision making in presence of external influence. We show that restricting the information of interest groups may reduce the bias...
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This paper presents a positive theory of centralization of political decisions in an international union. My central claim is that lobbies play a role in determining the assignment of competencies to the union because their power of influence can increase or decrease under centralization. I show...
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impose costs on society rather than benefits. While rational expectations and perfect credibility are generally beneficial with …
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In this paper we assess the importance given in capital markets to the credibility of the European fiscal framework. We …
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