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In interpreting these results, we can make use of several characteristics of the economies of the developing nations. The first is that consumers in poor nations spend a very large portion of their incomes on food — in many cases, in excess of 50 to 60 percent. The second is that...
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This paper provides the theoretical perspective and empirical support for congressional dominance of agency decisions. My thesis is twofold. First, because much of the previous evidence on this question is not evidence at all, many scholars' intuition and conclusions are based on a logically...
Persistent link: https://www.econbiz.de/10010988003
Professor Tullock has raised a central question in the confrontation between abstract models of PMR and majority rule as practiced in real institutions. We believe the decision making stability of real-world legislatures lies in the way these legislatures institutionalize majority rule....
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