Cover Image

Rhetoric in Legislative Bargaining with Asymmetric Information

But when a policy dimension and a distributive dimension are both present, we show that in equilibrium, the demands by the legislators have some influence on the bargaining outcome but they are not fully informative about the legislators' true preferences. We characterize equilibria under the majority rule and show that equilibrium demands by the legislators can be either cooperative, compromising or tough.
Year of publication:
2010
Authors: Chen, Ying
Institutions: Society for Economic Dynamics - SED
Extent:
application/pdf
Series:
Type of publication: Book / Working Paper
Notes:
The text is part of a series 2010 SED Meeting Papers Number 1159
Source:
Persistent link: https://www.econbiz.de/10011080652
Similar items by person