Current approaches to the understanding of institutional change in the European Union have difficulty in understanding how intergovernmental bargaining and day-to-day institutional change interact. This article develops a theoretical framework to understand this interaction, and applies it to...

Economic theories are increasingly popular in political science, and in particular in research on the relations between the legislative, the executive, and the judicial branches of government. Among these theories, principal-agent (´PA´) and transaction cost economics (´TCE´) feature...