Lunch seminar with Ken Shotts

Séminaire académique La Chaire Recherche

,   -
Salle C (2e étage), Université Paris-Dauphine


Ken Shotts (Stanford Graduate School of Business)

"Policy-Development Monopolies: Adverse Consequences and Institutional Responses" 

We analyze a model of policymaking in which only one actor, e.g., a bureaucratic agency or a well-funded interest group, has the capacity to develop high-quality policy proposals. By virtue of her skills, this actor has an effective monopoly on policy development and thus can craft proposals that are good for herself but provide few benefits to decisionmakers who enact policies. We then examine institutional responses that decisionmakers can use to induce a policy-development monopolist to craft more-appealing proposals: (i) establishing in-house policy development capacity, (ii) delegating authority to an agent who counterbalances the monopolist's preferences, and (iii) fostering competition by policy entrepreneurs with different preferences. We apply our model to a diverse set of contexts, including bureaucratic policymaking in Japan, lobbying in term-limited state legislatures, regulation of banking and financial services, and administrative procedures for rulemaking in U.S. federal bureaucracies.

Download the paper

Nos communautés

  • Dauphine 300.png
  • Fondation 300.png
  • SIOE_logo_RGB_0.png
  • oecd_logo_0.png

Nos partenaires

Les entreprises

  • ASFA_Log_CRVB_0.png
  • Ecologic-logo-rvb.png
  • logo_GROUPE_ADP_cmjn_0.png
  • RATP couleur grise.jpg
  • RTE_logo+signD_CMJN_CS4 - Copie_0.png
  • Le+logotype_0_0.png


Les institutions publiques

  • logo_conseil_2009_fr_gris_0.png
  • Logo_CGE-01_0_0.png
  • Cour des Comptes_0_0.png


Les experts

  • frontier_logo_0_0.png


Les membres du Club des régulateurs

  • ACPR
  • ANJ
  • ARCEP new-court_2.png
  • logo_ART_cmjn.png
  • LOGO_CRE_A_UTILISER-Versionréduite_1.png
  • Logo DGAC_quadri_0.png