Preface
Acknowledgements
1. Introduction
I. Politicians as Informed Supervisors
2. The Complete Contract Approach to Constitutional Design
3. An Incentive Theory of the Separation of Powers
4. Checks and Balances
II. Flexibility Versus Discretion in Constitutional Design
5. Political Economy and Industrial Policy
6. Political Economy and the Marginal Cost Pricing Controversy
7. Toward a Political Theory of the Emergence of Environmental Incentive Regulation
III. Coalition Formation and Constitutional Design
8. Optimal Constitutional Response to Coalition Formation
9. Collusion and Decentralization
10. Concluding Remarks
Appendix. Translations of Passages Quoted in French
References
Index