US & Canada are both federal systems.
Collective dilemmas usually occur anytime many different types of people come together.
it is important for preferences x institutions to equal policies outcomes - Acronym: P.I.O.P.
equation: P*I= O
preferences and/or institutions can change but that does not necessarily mean that outcomes change and the same applies.
if preferences change then outcomes can change even when institutions remain constant. If institutions change, then outcomes change,
even if preferences remain constant.
institutions duty is to govern and manage
Transaction costs is anything that requires completion will have steps that need to be taken that will be accounted for in the cost
Path dependence is essentially the notion that once a path is taken it is very unlikely to change because the change will be costly
The United States has a presidential system because of the british system in the 18th century after king george