government by majority rule voting could not withstand a bargaining equilibrium comparable to the general equilibrium in a … competitive economy. Democratic government is designed to foster bargaining where it should be fostered and to impede bargaining … where it should be impeded. -- Bargaining ; Majority rule voting …

Machterhaltungsrestriktion in einer Demokratie bindend, in einer Diktatur dagegen nicht. Der Aufsatz liefert damit eine weitere theoretische … Erklärung für die positive Korrelation zwischen Demokratie und Wohlstand, die sich im Querschnittsvergleich zeigt. …

this case, the buyer begins with the less powerful seller if the sellers have sufficiently diverse bargaining powers. If …

We study the development of bargaining behavior in children age seven through 18, using ultimatum and dictator games …. We find that bargaining behavior changes substantially with age and that most of this change appears to be related to … changes in preferences for fairness, rather than bargaining ability. Younger children make and accept smaller ultimatum …