Affiliation:
1. Department of Economics, Pennsylvania State University (email: )
2. Department of Economics, Stanford University (email: )
3. Department of Economics, UCLA (email: )
4. Auctionomics (email: )
Abstract
We model legislative decision-making with an agenda setter who can propose policies sequentially, tailoring each proposal to the status quo that prevails after prior votes. Voters are sophisticated, and the agenda setter cannot commit to future proposals. Nevertheless, the agenda setter obtains her favorite outcome in every equilibrium regardless of the initial default policy. Central to our results is a new condition on preferences, manipulability, that holds in rich policy spaces, including spatial settings and distribution problems. Our findings therefore establish that, despite the sophistication of voters and the absence of commitment power, the agenda setter is effectively a dictator. (JEL D71, D72, D78)
Publisher
American Economic Association
Subject
Economics and Econometrics
Cited by
1 articles.
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