Solved

Now, Suppose the Large Party Controls Which Bills Are Voted

Question 48

Multiple Choice

Now, suppose the large party controls which bills are voted on (perhaps because it controls the relevant committee in the legislature) . The game below is similar to the one above, but now the large party can choose to propose a reform (in which case the parties play a version of the game above) , or they can block a reform bill before it gets to the floor (in which case they compete against the small party under existing laws) . Answer the following questions.
Figure 2: The Electoral Reform Game-When the Large Party Controls the Legislative Agenda
Now, suppose the large party controls which bills are voted on (perhaps because it controls the relevant committee in the legislature) . The game below is similar to the one above, but now the large party can choose to propose a reform (in which case the parties play a version of the game above) , or they can block a reform bill before it gets to the floor (in which case they compete against the small party under existing laws) . Answer the following questions. Figure 2: The Electoral Reform Game-When the Large Party Controls the Legislative Agenda    -What strategy combinations form a subgame perfect Nash equilibrium to the above game? Hint: use the form (Large's move at first node, Large's move at second node; Small's move at top node, Small's move at bottom node) . A)  Block B)  Block, Against; For, Against C)  Block, Against; For, For D)  Propose reform, For; For, Against E)  Against; For
-What strategy combinations form a subgame perfect Nash equilibrium to the above game? Hint: use the form (Large's move at first node, Large's move at second node; Small's move at top node, Small's move at bottom node) .


A) Block
B) Block, Against; For, Against
C) Block, Against; For, For
D) Propose reform, For; For, Against
E) Against; For

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents