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Legislative Organization

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Author Info
Keith Krehbiel
Abstract

With an emphasis on the U.S. Congress, this essay addresses political economy approaches to the study of legislative organization. Simple models provide a foundation for more sophisticated studies of one of two problems: how coalitions of intense minorities pass policies that reflect gains from trade (efficiency in distributive policies) and how the legislature obtains gains from specialization (efficiency in information acquisition and dissemination). The recurring impediment to solutions to these problems is that legislatures are self-organizing and, therefore, have difficulty in committing to potentially effective institutional solutions.

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Publisher Info
Article provided by American Economic Association in its journal Journal of Economic Perspectives.

Volume (Year): 18 (2004)
Issue (Month): 1 (Winter)
Pages: 113-128
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Handle: RePEc:aea:jecper:v:18:y:2004:i:1:p:113-128

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  1. Marco Battaglini, 2002. "Multiple Referrals and Multidimensional Cheap Talk," Econometrica, Econometric Society, vol. 70(4), pages 1379-1401, July. [Downloadable!] (restricted)
    Other versions:
  2. Gilligan, Thomas W & Krehbiel, Keith, 1987. "Collective Decisionmaking and Standing Committees: An Informational Rationale for Restrictive Amendment Procedures," Journal of Law, Economics and Organization, Oxford University Press, vol. 3(2), pages 287-335, Fall.
  3. Krehbiel, Keith, 2001. "Plausibility of Signals by a Heterogeneous Committee," Research Papers 1678, Stanford University, Graduate School of Business. [Downloadable!]
  4. Riley, John G, 1979. "Informational Equilibrium," Econometrica, Econometric Society, vol. 47(2), pages 331-59, March. [Downloadable!] (restricted)
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  5. David M Kreps & Robert Wilson, 2003. "Sequential Equilibrium," Levine's Working Paper Archive 618897000000000813, David K. Levine. [Downloadable!]
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  6. Akerlof, George A, 1970. "The Market for 'Lemons': Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, MIT Press, vol. 84(3), pages 488-500, August. [Downloadable!] (restricted)
  7. Gilligan, Thomas W. & Krehbiel, Keith., 1987. "Collective Decision-Making and Standing Committees: An Informational Rational for Restrictive Amendment Procedures," Working Papers 632, California Institute of Technology, Division of the Humanities and Social Sciences. [Downloadable!]
  8. Spence, A Michael, 1973. "Job Market Signaling," The Quarterly Journal of Economics, MIT Press, vol. 87(3), pages 355-74, August. [Downloadable!] (restricted)
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This page was last updated on 2009-12-13.


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