Theoretical Justification of Authorizing the Third Party to Draft a Bill

The theoretical change in relationship between the nation and the society, together with the theoretical development of democratic participation, provides the theoretical foundation for the authorized third party to draft a bill. The Principal-agent Theory, Transaction Costs Theory and Public Goods Theory of economics evaluate the bill-drafting by the authorized third party from the angle of economics. The rise of new public administration with theory of governance has demonstrated the advantages of governance for drafting a bill by the authorized third party. The right to draft a bill shared by private party conforms to the principle of popular sovereignty established in the Constitution. Public-private Cooperation in legislation also accords to such theories on administrative law as conversational-style administrative law and cooperative administrative law. Therefore, these theoretical analyses from different perspective justify the bill-drafting by the authorized third party and we still need to legalize the system on the basis of those practical trial and exploration.