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Gilligan Krehbiel (1987) - Collective Decision Making And Standing Committees (view source)
Revision as of 19:09, 19 May 2010
, 19:09, 19 May 2010ββThe Model
#The committee reports a bill <math>b \in P \subset R^1\,</math>
#The floor updates its beliefs <math>g \in [0,1]\,</math>
#A policy is choosen <math>p \in P \subset R^1 \mbox{ if } P^U \,</math> or <math>p \in \{p_0,b\} \mbox{ if } P^R\,</math>
#There are consequences and payoffs: <math>x, u_f, u_c\,</math> all determined