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Legislature
An institution responsible for making laws and resolving conflicts within a political system.
Coordinating Problems
Situations where a group wants to act collectively but cannot reach agreement on a common solution.
Unstable Coalitions
Collective agreements that may be undermined when members find individual incentives to switch allegiance to other groups.
Divide the Dollar Game
A theoretical scenario demonstrating how individual preferences can lead to competition over resource distribution.
Agency Problems
Conflicts that arise when individuals must delegate responsibilities to others whose interests may not align.
Articles of Confederation
The first governing document of the United States, which created a weak central government with limited powers.
Bicameralism
The practice of having two separate chambers within a legislative body, such as the House of Representatives and the Senate.
Veto Power
The authority of a president to reject legislation passed by Congress.
Supermajority
A requirement for a proposal to gain a specified level of support beyond a simple majority, often used in the context of constitutional amendments.
Judicial Review
The power of courts to evaluate the constitutionality of legislative acts and executive decisions.
Executive Agreements
International agreements made by the president without the need for Senate approval, increasingly replacing formal treaties.