Representative versus Direct Democracy: The Role of Informational Asymmetries
The paper studies the relative merits of direct and representative legislation in a setting where voters are uncertain both with respect to the likely consequences of different policies and with respect to the political preferences of their fellow citizens. Under representative legislation, the latt...
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Veröffentlicht in: | Public choice 2005-01, Vol.122 (1/2), p.9-38 |
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Format: | Artikel |
Sprache: | eng |
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Online-Zugang: | Volltext |
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