This article aims both to review the crucial features of the principal-agent framework and to show its utility for the research on the legislative process. The principal's attempt to minimize the agency loss in a unidimensional policy space can explain why some delegation relationships prevail. The legislative procedures and the laws are described as delegation relationships, allowing to outline some non trivial hypotheses about the Italian law making and the Italian legislative production
Teoria della delega e leggi : cenni introduttivi ed esempi di applicazione / F. Zucchini. - In: RIVISTA ITALIANA DI POLITICHE PUBBLICHE. - ISSN 1722-1137. - 2005:3(2005), pp. 57-98.
Teoria della delega e leggi : cenni introduttivi ed esempi di applicazione
F. ZucchiniPrimo
2005
Abstract
This article aims both to review the crucial features of the principal-agent framework and to show its utility for the research on the legislative process. The principal's attempt to minimize the agency loss in a unidimensional policy space can explain why some delegation relationships prevail. The legislative procedures and the laws are described as delegation relationships, allowing to outline some non trivial hypotheses about the Italian law making and the Italian legislative production
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