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Grossman Helpman (2001) - Special Interest Politics Chapters 4 And 5 (view source)
Revision as of 19:14, 29 September 2020
, 19:14, 29 September 2020no edit summary
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|Has page=Grossman Helpman (2001) - Special Interest Politics Chapters 4 And 5
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|Has article title=Special Interest Politics Chapters 4 And 5
|Has author=Grossman Helpman
|Has year=2001
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*This page is referenced in [[BPP Field Exam Papers]]
With two lobbies where <math>\delta_1 < 0\,</math> and <math>\delta_2 > 0 \,</math> the policy maker can use the competition to become more informed, though not fully informed.
Crucially, define <math>\theta_2^* \equiv \theta_{max} - \delta_2 It is not possible to reveal the state of the world when \theta ,</math> \theta_2^*. See the paper for further information.
It is not possible to reveal the state of the world when <math>\theta > \theta_2^*\,</math> . See the paper for further information.
===Multi-dimensional Information===
When the groups differ in their relative bias on a single dimension there is full revelation. By choosing new dimensions through the multidimensional space it is possible (given the necessary dimensionality of the choices and alignment conditions) to establish full relevation through-out the space.
