集体决策过程 meaning in Chinese

consensus decision process

Consensus decision process
集体决策过程
It is indicated that institution and its change are endogenous variables influencing institution - correction equilibrium and they also are a process of collective decision , which the government makes by playing game against market participants ( the seventh chapter )
文章指出，制度及其变迁是影响制度矫正均衡的内生变量，并且是一个集体决策过程，是政府在和市场博弈中实现的(第七章) 。