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This is a survey on the recent game theoretic literature on committee decision making. We consider theoretical work on the role of (i) strategic voting, (ii) costly information acquisition, (iii) conflicting interests, and (iv) communication in committees. Moreover, we review recent experimental...
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This paper examines the feasibility of implementing Linear Quadratic Gaussian (LQG) Control in structural cointegrated VAR models and sheds some light on the two major problems generated by such implementation. The first aspect to be taken into account is the effect of the presence of unit roots...
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, it is found that a u0091non-activistu0092 fiscal policy can be better than non-cooperative fiscal policy when the … international correlation of shocks is strongly negative. And non-cooperative fiscal policy can be better than cooperative fiscal …
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