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State about the Median Voter Theorem
Percentage of vote necessary for a proposal to be adopted, remember Median Voter Theorem, will affect the difficult of adopting a proposal, and in general, the larger the majority necessary, the harder will be a policy proposal to adopt. In fact, the difficultly of reaching an agreement affects the nature of proposal adopted as well as the time taken in the process. But since agents know these difficulties, as a consequence the nature of policy proposal will also be affected.
Legislature-Executive Trade off Let us move a bit closer to the reality. In standard modes of policy optimization we assure that there is a single policy maker, who controls th
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