We posit that the fiscal behavior of Argentine provinces is determined by a common pool game at two levels: within each province, and across political units. In the latter game, the national government has a greater incentive than the provincial governments to internalize the negative...

Public policies are the outcomes of complex intertemporal exchanges among politicians. The basic institutional characteristics of a country constitute the framework within which those transactions are accomplished. We develop a transactions theory to understand the ways in which political...

This paper links the theory of interest groups influence over the legislature with that of congressional control over the judiciary. We develop a model in which (i) Court’s rulings can be reversed by Congress, and (ii) an Interest Group is privately informed about the realization of a variable...

This paper addresses an important source of variation within democracies – the degree of institutionalization. The concept of institutionalization describes the extent to which politics takes place, and is believed to take place, via formal political institutions. Countries vary in their...

This paper is concerned with the characteristics, determinants and consequences of varying levels of congressional institutionalization. Our work can be traced back to the early work on congressional institutionalization done by Polsby (1968), which is complemented here by the game-theoretic...