Agenda-setter equilibrium in one dimension

A monopoly setter makes a take-it-or-leave-it proposal to a median voter who accepts x iff |x - m| <= |q - m|; the setter proposes the acceptable point (or option) closest to its ideal, keeping q when none is acceptable.

Usage

AgendaSetterEquilibrium(setter, median, status_quo, options = NULL)

Arguments

setter, median, status_quo

Ideal points and status quo.

options

Optional discrete proposals.

Value

list(outcome, acceptance_set, power, setter_gain).

References

Romer, T. and Rosenthal, H. (1978). Political resource allocation, controlled agendas, and the status quo. Public Choice 33(4), 27-43.

Examples

AgendaSetterEquilibrium(10, 4, 1)$outcome
#> [1] 7