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In this paper we present a structural approach to the study of government formation in multi-party parliamentary democracies. The approach is based on the estimation of a stochastic bargaining model which we use to investigate the effects of specific institutional features of parliamentary...
Persistent link: https://www.econbiz.de/10010990837
We experimentally test competing theories of three-player majoritarian bargaining models with fixed, known disagreement values. Subjects are randomly assigned to three roles: a proposer and two types of voters. Each role is randomly assigned a disagreement value, i.e. a given amount of money...
Persistent link: https://www.econbiz.de/10010698773