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Gilligan Krehbiel (1987) - Collective Decision Making And Standing Committees (view source)
Revision as of 20:19, 15 June 2011
, 20:19, 15 June 2011→The Model
The sequence of the game is as follows:
#The floor chooses <math>P \in \{P^U,P^R\}\,</math> (Note not to be confused with the policy space <math>P\,</math>)
#The committee chooses <math>s \in \{0,1\}\,</math> (i.e. symmetric or asymmetric uncertainty-- whether to specialize or not.)
#Nature chooses the state of the world <math>\omega \sim U[0,1]\,</math>
#The committee reports a bill <math>b \in P \subset R^1\,</math>
