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Shepsle, K. (1979), Institutional Arrangements and Equilibrium in Multidimensional Voting Models (view source)
Revision as of 14:03, 14 May 2012
, 14:03, 14 May 2012no edit summary
==Model==
Consider a two-dimensional case. Any policy <math>z_{i} </math> is characterized by coordinates <math>(x_i, y_i)</math>.
==Result==
In first stage we vote on x_{i}. and obtain policy equal to median voters bliss point x_m. In second stage we vote on y_i and obtain policy equal to median voters bliss point y_m, so we obtain unique outcome z=(x_m, y_m)
