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Agent Discretion, Regulatory Policymaking, and Different Institutional Arrangements

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  • Steunenberg, Bernard

Abstract

This paper examines agent discretion that is a result of the structure of the legislative process. Based on several distributions of lawmaking powers, different games are analyzed in which players decide on regulatory policies. The analysis shows that agent discretion increases as lawmaking powers are differentiated and assigned to specialized players. Particularly, monopoly initiation power, which allows a player to act as a gatekeeper, has a substantial impact on discretion. Agent discretion will be even larger when these players also have heterogeneous preferences. The framework that is developed in this paper permits comparisons across different political systems with regard to agent discretion and legislative control on policymaking. Copyright 1996 by Kluwer Academic Publishers

Suggested Citation

  • Steunenberg, Bernard, 1996. "Agent Discretion, Regulatory Policymaking, and Different Institutional Arrangements," Public Choice, Springer, vol. 86(3-4), pages 309-339, March.
    • Handle: RePEc:kap:pubcho:v:86:y:1996:i:3-4:p:309-39
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    Cited by:

    1. Moser, Peter, 1999. "The impact of legislative institutions on public policy: a survey," European Journal of Political Economy, Elsevier, vol. 15(1), pages 1-33, March.
    2. Moser, Peter, 1999. "Checks and balances, and the supply of central bank independence," European Economic Review, Elsevier, vol. 43(8), pages 1569-1593, August.
    3. Marc Quintyn & Michael W. Taylor, 2003. "Regulatory and Supervisory Independence and Financial Stability," CESifo Economic Studies, CESifo Group, vol. 49(2), pages 259-294.
    4. Fabio Franchino, 2000. "Control of the Commission's Executive Functions," European Union Politics, , vol. 1(1), pages 63-92, February.
    5. Fabio Franchino, 2000. "The Commission's Executive Discretion, Information and Comitology," Journal of Theoretical Politics, , vol. 12(2), pages 155-181, April.
    6. Bernard Steunenberg & Dieter Schmidtchen & Christian Koboldt, 1999. "Strategic Power in the European Union," Journal of Theoretical Politics, , vol. 11(3), pages 339-366, July.
    7. Steunenberg, Bernard & Schmidtchen, Dieter, 2000. "The Comitology Game: European Policymaking with Parliamentary Involvement," CSLE Discussion Paper Series 2000-05, Saarland University, CSLE - Center for the Study of Law and Economics.
    8. Bernard Steunenberg, 2010. "Is big brother watching? Commission oversight of the national implementation of EU directives," European Union Politics, , vol. 11(3), pages 359-380, September.
    9. Dieter Schmidtchen & Bernard Steunenberg, "undated". "European Policymaking: An Agency-Theoretic Analysis of the Issue," German Working Papers in Law and Economics 2002-1-1040, Berkeley Electronic Press.

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