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Monetary Policy Committees differ in the way the interest rate proposal is prepared and presented in the policy meeting. In this paper we show analytically how different arrangements could affect the voting behaviour of individual MPC members and therefore policy outcomes. We then apply our...
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in legislatures. The chapters of this book contribute to the theory of voting with incomplete information, to the … literature on Downsian and probabilistic voting models of elections, to the theory of social choice in distributive environments …, and to the theory of optimal dynamic decision-making. The essays employ a spectrum of research methods, from game …
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