AN ECONOMIC-MODEL OF REPRESENTATIVE DEMOCRACY

This paper develops an approach to the study of democratic policy-maki ng where politicians are selected by the people from those citizens wh o present themselves as candidates for public office. The approach has a number of attractive features. First, it is a conceptualization of a pure form of representative democracy in which government is by, as well as of; the people. Second, the model is analytically tractable, b eing able to handle multidimensional issue and policy spaces very natu rally. Third, it provides a vehicle for answering normative questions about the performance of representative democracy.