Question

Suppose that in the Baron-Ferejohn model of external accountability ex post \delta = 0.5δ=0.5, R = 0.2R=0.2, \theta = 1θ=1. Calculate social welfare u(x) = \theta xu(x)=θx for the following re-election thresholds: u^{*} = 0.5u ∗ =0.5, u^{*} = 0.6u ∗ =0.6, u^{*} = 0.7u ∗ =0.7. (Enter three numbers in the respective order).

Answer 1

Answer:

sorry I don't know