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We analyze a dynamic model of agenda formation in which players compete in each period to put their ideal policies on the agenda. In each period, with some probability, a decision maker is called upon to take an action from the agenda. We show that in any Markov equilibrium of this game, players...
Persistent link: https://www.econbiz.de/10013148173
We propose a model of religious organizations which relies on the ability of such organizations to affect individual beliefs about the causality between actions in the social context and personal utility shocks. We show how religious organizations arise endogenously and characterize their...
Persistent link: https://www.econbiz.de/10013148174