An informational role of supermajority rules in monitoring the majority party's activities

被引:3
|
作者
Kishishita, Daiki [1 ]
机构
[1] Univ Tokyo, Grad Sch Econ, Tokyo, Japan
基金
日本学术振兴会;
关键词
legislative bargaining; media capture; multiple monitors; political agency; supermajority; MEDIA; NEWS; POLARIZATION; TELEVISION; FILIBUSTER; RATIONALE;
D O I
10.1111/jpet.12331
中图分类号
F [经济];
学科分类号
02 ;
摘要
There often exists a supermajority rule that enables the minority party to delay or prevent a vote on a bill. I construct a two-period model consisting of a representative voter, self-interested parties, and a media outlet. In the model, the majority party has an incentive to misrepresent the voter's optimal policy. I show that the minority party's attempt to block a vote (e.g., a filibuster) can signal this misrepresentation. Interestingly, the key is that the minority party and the mass media are complementary in creating the signal. Overall, the results suggest that supermajority rules could be beneficial even for the majority of voters.
引用
收藏
页码:167 / 196
页数:30
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