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1、DelegatingPowers:ATransactionCostPoliticsApproachtoPolicyMakingUnderSeparatePowersDavidEpsteinSharynO’HalloranSeptember1997WhenyoustartonyourjourneytoIthaca,thenpraythattheroadislong,fullofadventure,fullofknowledge.DonotfeartheLestrygoniansandtheCyclopesandtheangryPos
2、eidon.Youwillnevermeetsuchastheseonyourpath,ifyourthoughtsremainlofty,ifafineemotiontouchesyourbodyandyourspirit.FromConstantinCavafy,“Ithaca”TranslatedbyRaeDalvenPrefaceThefocusofouranalysisisondevelopingandtestingtheoriesoflegislative-executiverelationsandpolicymaki
3、nginaseparationofpowerssystem.Weapplythenewinstitutionaleconomicstothestudyofrelationsamongpoliticalactors,throughwhatwetermtransactioncostpolitics.Themanuscriptiscurrentlyinprogress,andanycommentsorsuggestionswouldbegreatlyappreciated,particularlycitationstothereleva
4、ntliteraturethatwemayhavemissed.Wewereaidedearlyinourprojectbymanyofourcolleagues,especiallyJimAlt,DavidBrady,AvianshDixit,JohnFerejohn,MoFiorina,OliverHart,PhilKeefer,GaryKing,SunitaParikh,KenShepsle,BobShapiro,andCraigVolden,andparticipantsattheHarvardPoliticalEcono
5、myBookSeminarandtheColumbiaUniversityPoliticalEconomyWorkshop.TheauthorsgratefullyacknowledgefundingbytheNationalScienceFoundationundergrantSBR-95-11628.MostofthedatacollectionwascompletedatHarvard,whiletheauthorswerepostdoctoralfellowsintheHarvard/MITResearchTraining
6、GroupinPositivePoliticalEconomyunderNSFgrantDIR-91-13328.ColumbiaUniversityalsogenerouslyprovidedresearchsupportthroughtheLazarsfeldCenterforSocialSciences.Theassistanceoftheseinstitutionsisgreatlyappreciated.DavidEpsteinSharynO’HalloranStanford,CaliforniaSeptember199
7、7DELEGATINGPOWERSTABLEOFCONTENTSCHAPTER1:PATHSOFPOLICYMAKINGTHEPUZZLE............................................................................................................................................2PERSPECTIVESONDELEGATION..................................
8、............................................................................4ATRANSACTIONCOSTPOLITICSAPPROACH...............
