Democratic Rulemaking
de Figueiredo, John M. and Stiglitz, Edward, Democratic Rulemaking (July 20, 2015). Oxford Handbook of Law and Economics, Forthcoming; Cornell Legal Studies Research Paper No. 15-33. Available for download at SSRN: http://ssrn.com/abstract=2658283 “To what extent is agency rulemaking democratic? This paper examines the soundness and empirical support for the leading theories that purport to endow …