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Packaged Preferences and the Institutional Transformation of Interests
Macey, Jonathan
Macey, Jonathan
Abstract
The point of this Article is to show that mediating institutions are better decision makers than individuals. For this reason, individuals often find it in their interest to select a variety of mediating institutions (corporations, investment funds, unions, political parties, religious institutions, etc.) to act as their agents. These mediating institutions will choose packages of preferences on behalf of their principals.