Difference between revisions of "Messner, M. and M. Polborn (2004), Voting on Majority Rules"
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*Deaths equal birth, so continuous mass | *Deaths equal birth, so continuous mass | ||
*Some chance of reform opportunity | *Some chance of reform opportunity | ||
| − | *Reforms cost, c, yeild value v element of [0, <math> | + | *Reforms cost, c, yeild value v element of [0, <math> \infty</math> |
Revision as of 14:14, 16 May 2012
Return to BPP Field Exam Papers 2012
Intergenerational Conflict=
- Voters born in continuous time and live for length 1
- Deaths equal birth, so continuous mass
- Some chance of reform opportunity
- Reforms cost, c, yeild value v element of [0, [math] \infty[/math]
