| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP2878
|
| DP2878 Price Discovery Across the Rhine |
| Bruno Biais; Isabelle Martinez
|
| 发表日期 | 2001-07-01
|
| 出版年 | 2001
|
| 语种 | 英语
|
| 摘要 | The role of citizens' intitiatives figures prominantly in contemporary debates on constitutional change. A basic question is why are initiatives necessary in a representative democracy where candidates must already compete for the right to control policy? This Paper offers one answer to this question. In a representative democracy, the bundling of issues, together with the fact that citizens have only one vote, means that policy outcomes on specific issues may diverge far from what the majority of citizens want. In such circumstances, allowing citizens to put legislation directly on the ballot permits the 'unbundling' of these issues, which forces a closer relationship between policy outcomes and popular preferences. To the extent that it is condsidered socially undesirable for outcomes on specific issues to stray too far from what the majority wants, this creates a role for citizens initiatives. |
| 主题 | Public Economics
|
| 关键词 | Direct democracy
Citizens' initiatives
|
| URL | https://cepr.org/publications/dp2878
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531917
|
推荐引用方式
GB/T 7714 |
Bruno Biais,Isabelle Martinez. DP2878 Price Discovery Across the Rhine. 2001.
|
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