What are the advantages and disadvantages of the referendum as a Essay

What are the advantages and disadvantages of the referendum as a decision mechanism to solve the principal agent occupation in political compensateation - Essay ExampleThe two common types of referendum include obligatory and facultative referendums. Obligatory referendum emerges when electorates votes have the right and responsibility to vote for a particular policy as may be defined by the constitution (Dovi, 2011). The outcomes of electorates votes in a referendum are legitimately binding. On the other hand, facultative referendum involves a vote by certain groups such as parliamentarians, electorates, executives and electorates. Normally, facultative referendum may be carried out in order to make amendments in some sections of the constitution. Facultative referendum may be carried out if certain provisions within a constitution require some amendment (Local directly Democracy in Europe, 2011). Whereby, citizens might be required to give their opinion by participating in a r eferendum. In above connection, the outcome of a referendum represents the voice of majority because all citizens participate jointly in a decision making process (Republic of Moldova, 1999).However, the outcomes of a referendum may not always represent a true voice of the electorates because of some political influence before and during the referendum. Whereby, some politicians ay influence electorates decisions by manipulating them to accept or reject a particular legislation for their own personal gains (Tierney, 2012). Normally, politicians effect as agents while the electorates/ citizens act like the principal. Therefore, the agents have the obligation to act at the best cheer of their principle in order to ensure that there is proper agency relationship. This means that conflict of cheer may occur when politicians tend to pursue their own personal interest at the expense of their citizens. For instance, politicians may pass those bills that suit their needs at the expense of the electorates (Schiller, 2011). In above connection, referendum may be manifold