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Temporal Consistency and Policy Credibility: Why Democracies Need Non-Majoritarian Institutions

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  • Giandomenico Majone

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  • Giandomenico Majone, 1996. "Temporal Consistency and Policy Credibility: Why Democracies Need Non-Majoritarian Institutions," EUI-RSCAS Working Papers 57, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).
    • Handle: RePEc:erp:euirsc:p0090
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    1. Pannell, David J., 1997. "Sensitivity analysis of normative economic models: theoretical framework and practical strategies," Agricultural Economics, Blackwell, vol. 16(2), pages 139-152, May.
    2. Glenn Jenkins & Chun-Yan Kuo & Arnold C. Harberger, 2011. "Cost-Benefit Analysis for Investment Decisions: Chapter 4 (Discounting and Alternative Investment Criteria)," Development Discussion Papers 2011-04, JDI Executive Programs.
    3. Roberts, Anna M. & Pannell, David J. & Doole, Graeme & Vigiak, Olga, 2012. "Agricultural land management strategies to reduce phosphorus loads in the Gippsland Lakes, Australia," Agricultural Systems, Elsevier, vol. 106(1), pages 11-22.
    4. Pannell, David J. & Roberts, Anna M., 2010. "Australia’s National Action Plan for Salinity and Water Quality: a retrospective assessment," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 54(4), pages 1-20.
    5. Stefan Hajkowicz & Andrew Higgins & Kristen Williams & Daniel P. Faith & Michael Burton, 2007. "Optimisation and the selection of conservation contracts," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 51(1), pages 39-56, March.
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    Cited by:

    1. Dreher, Axel & Voigt, Stefan, 2011. "Does membership in international organizations increase governments' credibility? Testing the effects of delegating powers," Journal of Comparative Economics, Elsevier, vol. 39(3), pages 326-348, September.
    2. Chris Hanretty & Christel Koop, 2013. "Shall the law set them free? The formal and actual independence of regulatory agencies," Regulation & Governance, John Wiley & Sons, vol. 7(2), pages 195-214, June.
    3. John M. de Figueiredo & Edward H. Stiglitz, 2015. "Democratic Rulemaking," NBER Working Papers 21765, National Bureau of Economic Research, Inc.
    4. Andreas Eriksen, 2021. "Political values in independent agencies," Regulation & Governance, John Wiley & Sons, vol. 15(3), pages 785-799, July.
    5. Andrés Pavón Mediano, 2020. "Agencies’ formal independence and credible commitment in the Latin American regulatory state: A comparative analysis of 8 countries and 13 sectors," Regulation & Governance, John Wiley & Sons, vol. 14(1), pages 102-120, January.
    6. Edoardo Mollona & Guglielmo Faldetta, 2022. "Ethics in corporate political action: can lobbying be just?," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 26(4), pages 1245-1276, December.
    7. Garrath Williams, 2005. "Monomaniacs or Schizophrenics?: Responsible Governance and the EU's Independent Agencies," Political Studies, Political Studies Association, vol. 53(1), pages 82-99, March.
    8. Koop, Christel & Scotto di Vettimo, Michele, 2023. "How do the media scrutinise central banking? Evidence from the Bank of England," European Journal of Political Economy, Elsevier, vol. 77(C).
    9. Carolyn Hendriks, 2009. "Policy design without democracy? Making democratic sense of transition management," Policy Sciences, Springer;Society of Policy Sciences, vol. 42(4), pages 341-368, November.
    10. Stefan Voigt, 2020. "Mehr Mut in der Rentenpolitik! Ein Vorschlag [More Courage for Pension Policy! A Proposal]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 100(4), pages 294-299, April.
    11. Mattia Guidi, 2015. "The Impact of Independence on Regulatory Outcomes: the Case of EU Competition Policy," Journal of Common Market Studies, Wiley Blackwell, vol. 53(6), pages 1195-1213, November.
    12. Johannes Pollak, 2004. "Democracy and the European Constitution: Majority Voting and Small Member States," The Constitutionalism Web-Papers p0019, University of Hamburg, Faculty for Economics and Social Sciences, Department of Social Sciences, Institute of Political Science.
    13. Nazia Nazar & Karin Österman & Kaj Björkqvist, 2021. "Acceptance of Violence and Its Concomitants Among Students from Three Types of Schools in Pakistan," European Journal of Interdisciplinary Studies Articles, Revistia Research and Publishing, vol. 7, July -Dec.
    14. Fenton Villar, Paul, 2020. "The Extractive Industries Transparency Initiative (EITI) and trust in politicians," Resources Policy, Elsevier, vol. 68(C).
    15. Mattia Guidi, 2011. "Does Independence Affect Regulatory Performance? The case of national competition authorities in the European Union," EUI-RSCAS Working Papers 64, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).
    16. Nick Manning & Geoffrey Shepherd, 2009. "Arms Length Bodies," World Bank Publications - Reports 10521, The World Bank Group.
    17. Lars P. Feld & Stefan Voigt, 2004. "Making Judges Independent – Some Proposals Regarding the Judiciary," CESifo Working Paper Series 1260, CESifo.
    18. Obeng-Darko, Nana Asare, 2019. "Why Ghana will not achieve its renewable energy target for electricity. Policy, legal and regulatory implications," Energy Policy, Elsevier, vol. 128(C), pages 75-83.
    19. Voigt, Stefan, 2005. "Membership has its Privileges: On the Effects of Delegating Powers Internationally," Volkswirtschaftliche Diskussionsbeiträge 73, University of Kassel, Faculty of Economics and Management.
    20. Yves Mény, 2003. "De La Démocratie en Europe: Old Concepts and New Challenges1," Journal of Common Market Studies, Wiley Blackwell, vol. 41(1), pages 1-13, March.

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