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Amend the Old or Address the New: Broad-Based Legislation When Proposing Policies Is Costly

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Author Info

  • Glazer, Amihai
  • McMillan, Henry

Abstract

If each legislator wishes to encourage other legislators to address new problems in future periods, then a subgame perfect Nash equilibrium can exist with the following properties: (1) no legislator finds it worthwhile to make a narrow proposal that appeals to a minimum majority; (2) instead, legislators propose policies that appeal to all members, not for fear of retaliation but rather to encourage other members to work on new problems in succeeding periods; and (3) in succeeding periods, no legislator amends the existing broad policy. The authors find an equilibrium with these properties in finite as well as infinite period games. Copyright 1992 by Kluwer Academic Publishers

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Bibliographic Info

Article provided by Springer in its journal Public Choice.

Volume (Year): 74 (1992)
Issue (Month): 1 (July)
Pages: 43-58

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Handle: RePEc:kap:pubcho:v:74:y:1992:i:1:p:43-58

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Web page: http://www.springerlink.com/link.asp?id=100332

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Cited by:
  1. Matthias Dahm & Amihai Glazer, 2012. "How An Agenda Setter Induces Legislators to Adopt Policies They Oppose," Working Papers 111211, University of California-Irvine, Department of Economics.
  2. Amihai GLAZER & Stef PROOST, 2010. "Reducing rent seeking by providing wide public service," Center for Economic Studies - Discussion papers ces10.31, Katholieke Universiteit Leuven, Centrum voor Economische Studiƫn.
  3. Ronald N. Johnson & Gary D. Libecap, 2001. "Transactions Costs and Coalition Stability under Majority Rule," ICER Working Papers 04-2002, ICER - International Centre for Economic Research.
  4. Dahm, Matthias & Glazer, Amihai,, 2013. "A Carrot and Stick Approach to Agenda-Setting," Working Papers 2072/222199, Universitat Rovira i Virgili, Department of Economics.
  5. Ashish Chaturvedi & Amihai Glazer, 2005. "Competitive Proposals of Policies by Lobbies," Working Papers 050614, University of California-Irvine, Department of Economics.
  6. Dahm, Matthias & Glazer, Amihai, 2010. "Repeated Agenda Setting and the Unanimous Approval of Bad Policies," Working Papers 2072/151549, Universitat Rovira i Virgili, Department of Economics.

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