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Dynamics of policymaking : stepping back to leap forward, stepping forward to keep back

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Buisserety, Peter and Bernhardt, Dan (2017) Dynamics of policymaking : stepping back to leap forward, stepping forward to keep back. American Journal of Political Science, 61 (4). pp. 820-835. doi:10.1111/ajps.12301

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Official URL: http://dx.doi.org/10.1111/ajps.12301

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Abstract

We study dynamic policy-making when: today's policy agreement becomes tomorrow's status quo; agents account for the consequences of today's policies for future policy outcomes; and there is uncertainty about who will hold future political power to propose and veto future policy changes. Today's agenda-setter holds back from fully exploiting present opportunities to move policy toward her ideal point whenever future proposer and veto players are likely to be aligned either in favor of reform, or against it. Otherwise, agenda-setters advance their short-run interests. Optimal proposals can vary discontinuously and non-monotonically with political fundamentals.

Item Type: Journal Article
Divisions: Faculty of Social Sciences > Economics
Journal or Publication Title: American Journal of Political Science
Publisher: Wiley-Blackwell Publishing Ltd.
ISSN: 0092-5853
Official Date: October 2017
Dates:
DateEvent
October 2017Published
3 April 2017Available
8 February 2017Accepted
Volume: 61
Number: 4
Page Range: pp. 820-835
DOI: 10.1111/ajps.12301
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access
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