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Essays on political economy of Congress.

Li, Tao.

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Essays on political economy of Congress.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Essays on political economy of Congress./
Author:	Li, Tao.
Description:	128 p.
Notes:	Source: Dissertation Abstracts International, Volume: 66-05, Section: A, page: 1872.
Contained By:	Dissertation Abstracts International66-05A.
Subject:	Economics, General. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3173964
ISBN:	0542114208

Essays on political economy of Congress.
Li, Tao.

Essays on political economy of Congress. - 128 p.

Source: Dissertation Abstracts International, Volume: 66-05, Section: A, page: 1872.

Thesis (Ph.D.)--Harvard University, 2005.

I apply a messenger-game framework to analyze information transmission in the U.S. Congress under the more realistic assumption that committee members derive their technical expertise mainly from interest groups. It is discovered that the committee system does not improve information transmission efficiency in a way suggested by the existing literatures, no matter how close the interest of a committee aligns with that of the floor. I then suggest that committees are useful to the floor because they specialize in knowing the incentives and biases of interest groups.

ISBN: 0542114208Subjects--Topical Terms:

1017424
Economics, General.

Essays on political economy of Congress.
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100 1 $a Li, Tao. $3 1905598
245 1 0 $a Essays on political economy of Congress.
300 $a 128 p.
500 $a Source: Dissertation Abstracts International, Volume: 66-05, Section: A, page: 1872.
500 $a Adviser: Kenneth Shepsle.
502 $a Thesis (Ph.D.)--Harvard University, 2005.
520 $a I apply a messenger-game framework to analyze information transmission in the U.S. Congress under the more realistic assumption that committee members derive their technical expertise mainly from interest groups. It is discovered that the committee system does not improve information transmission efficiency in a way suggested by the existing literatures, no matter how close the interest of a committee aligns with that of the floor. I then suggest that committees are useful to the floor because they specialize in knowing the incentives and biases of interest groups.
520 $a I also argue that the Congress (or principal of any formal organization) can extract more credible information from a partisan adviser by establishing and delegating part of the decision rights to a messenger. It is even better for the principal if the messenger is "captured" by the special interest of the adviser. This new rationale of delegation is interpreted in a general incomplete-contract framework. As an application, I also compare the information transmission efficiency between a separation-of-power political system and a centralized political system.
520 $a I also study the empirical question of legislative rule selection in the thesis.
590 $a School code: 0084.
650 4 $a Economics, General. $3 1017424
650 4 $a Political Science, General. $3 1017391
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690 $a 0615
710 2 0 $a Harvard University. $3 528741
773 0 $t Dissertation Abstracts International $g 66-05A.
790 1 0 $a Shepsle, Kenneth, $e advisor
790 $a 0084
791 $a Ph.D.
792 $a 2005
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3173964