Changes

Jump to navigation Jump to search
no edit summary
Back to [[BPP Field Exam Papers 2012]]
---==Background---==Committees allow for division of labor and gains from specialization. However, a committee also has gate keeping power. If gates kept closed, the status quo prevails. If gates opened, the policy outcome depends on if open or closed rule is use. ===Open Rule===If committee opens gates, legislators propose policies to challenge status quo. Simply majority voting selects Condorcet winner <math>x_{m}</math>. Committee only opens gate if he prefers <math>x_{m}</math> to <math>x_{0}</math> the status quo ===Closed Rule===
Anonymous user

Navigation menu