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Information in Agenda Setting
What information, how and when reaches to voters to proposal, is also a detrimental factor in policy process. The degree to which information is complete or incomplete, i.e., the information because very significant in policy decision-making. Further, if we assume that the informational environment is constant, it does not imply that information itself is constant or at least stagnant. For the same information, in policy process the political consensus or equilibrium may be quite different.
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What is Recessionary Bias To illustrate the possibility of recessionary bias we assume that both countries have two policy objectives but only one policy instrument. The policy
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