Votes and Outcomes: Rethinking the Politics-Like-Markets Metaphor
Author: Parisi, F.
Source: European Journal of Law and Economics, Volume 13, Number 3, May 2002 , pp. 183-192(10)
Abstract:Legislative and political bodies seldom work like markets. This paper revisits the politics-like-market analogies considering the role of logrolling in political representation. These considerations will hopefully facilitate the assessment of the normative implications of the “commodification” of political consensus. While certainly corroding some of the aspirational and expressive qualities of the political system, logrolling would ensure a greater opportunity for cardinal preferences to be captured in political decision-making.
Document Type: Regular Paper
Affiliations: George Mason University, School of Law, 3401 North Fairfax Drive, Arlington, VA 22201 email@example.com
Publication date: May 1, 2002