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Predicting Committee Action

Author

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  • Amihai Glazer

    (Department of Economics, University of California-Irvine)

Abstract

Success of a policy often requires both that a good policy be adopted, and that the public or firms correctly anticipate what policy government will adopt. This paper models a relation between committee size and the effectiveness of policy, with a focus on how the accuracy of the public’s expectations varies with the size of the governmental committee setting policy. The paper also argues that the demand for access by special interest groups may arise not from a desire to influence policy, but from a desire to learn about government’s likely actions.

Suggested Citation

  • Amihai Glazer, 2006. "Predicting Committee Action," Working Papers 050621, University of California-Irvine, Department of Economics.
  • Handle: RePEc:irv:wpaper:050621
    as

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    File URL: https://www.economics.uci.edu/files/docs/workingpapers/2005-06/Glazer-21.pdf
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    References listed on IDEAS

    as
    1. Clare Lombardelli & James Proudman & James Talbot, 2005. "Committees Versus Individuals: An Experimental Analysis of Monetary Policy Decision-Making," International Journal of Central Banking, International Journal of Central Banking, vol. 1(1), May.
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    12. Michael Ehrmann & Marcel Fratzscher, 2007. "Communication by Central Bank Committee Members: Different Strategies, Same Effectiveness?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(2‐3), pages 509-541, March.
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