Modeling Conflict And Exchange In Collective Decision Making

Two dynamic models of collecuve decision maklng are Introduced and lllustrated wlth a simple example. A more extensive presentation and appllcauon concerning the European Community can be found In Bueno de Mesqulta and Stokman (19941. The two dynamlc models reflect two alternative views of collective decision making and politics. The flrst, represented In Ule expected utility model, conceives of collective decision making as conflict resolution, a non-cooperative game, fundamentally different from exchange relaUons In economics. The second. represented in the exchange model of Stokman and Van Oosten (19941, does not see fundamental differences between economic exchanges and political decision making. Dynamic Models. Collective Decision Making. Conflict Resolution, Economlc Exchange Relations.