Whereas historical accounts of U.S. tariff policy from 1877 to 1934 emphasize the pivotal role of parties, previous quantitative studies have failed to identify significant partisan effects. A formal model of policymaking in which strong parties aggregate voters' preferences provides empirical...

Although relatively unknown outside of Europe, comitology committees are an object of considerable controversy in the European Union (EU). Controversy stems from their pivotal role in overseeing policy implementation authority delegated from the Council of Ministers (Council) to the European...

Congress uses varying degrees of specificity when passing legislation. Sometimes it writes very detailed, exacting laws; other times it leaves these details to implementing agencies. A natural positive question then arises: what factors are critical for understanding the degree of delegation...

This article develops a formal model of interest groups and congressional control of the bureaucracy. It shows that, even when interest groups act strategically, lobbyists can facilitate Congress's oversight role. Our results indicate that lobbying can help reduce informational asymmetries...

Existing theories of legislative organization attribute the strong committee system in the U.S. Congress to members' distributive, informational, or partisan needs. But legislators elsewhere share these same motivations, yet not all have chosen to organize themselves in a similar fashion....

If different parties control the U.S. Congress and White House, the United States may maintain higher import protection than otherwise. This proposition follows from a distributive politics model in which Congress can choose to delegate trade policymaking to the President. When the congressional...

The National Institute for Health and Clinical Excellence (NICE) invited the manufacturer of golimumab (Schering-Plough/Centocor) to submit evidence for the clinical and cost effectiveness of this drug for the treatment of active and progressive psoriatic arthritis (PsA) in patients who have...

We show how to use 'uncertainty' in place of the more traditional Brownian 'randomness' to model a short-term interest rate. The advantage of this model is principally that it is difficult to show statistically that it is wrong. Whether the model is useful for pricing fixed-income products is...