Luis Rayo

Booth School of Business
University of Chicago
5807 S Woodlawn Ave
Chicago, IL 60637
Tel: (773) 834-8544
Fax: (773) 702-0458

E-Mail: EmailAddress: hidden: you can email any NBER-related person as first underscore last at nber dot org
Institutional Affiliation: Northwestern University

NBER Working Papers and Publications

May 2002Democratic Policy Making with Real-Time Agenda Setting: Part 1
with B. Douglas Bernheim, Antonio Rangel: w8973
We examine democratic policy-making in a simple institution with real-time agenda setting. Individuals are recognized sequentially. Once recognized, an individual makes a proposal, which is immediately put to a vote. If a proposal passes, it supercedes all previously passed proposals. The policy that emerges from this process is implemented. For some familiar classes of policy spaces with rich distributional politics, we show that the last proposer is effectively a dictator under a variety of natural conditions. Most notably, this occurs whenever a sufficient number of individuals have opportunities to make proposals. Thus, under reasonably general assumptions, control of the final proposal with real-time agenda setting confers as much power as control of the entire agenda.

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