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We present a model of bargaining in which a committee searches over the policy space, successively amending the default … by voting over proposals. Bargaining ends when proposers are unable or unwilling to amend the existing default, which is …
Persistent link: https://www.econbiz.de/10011599519
We present a model of bargaining in which a committee searches over the policy space, successively amending the default … by voting over proposals. Bargaining ends when proposers are unable or unwilling to amend the existing default, which is …
Persistent link: https://www.econbiz.de/10010392414
of complementary patents. In this context, we study how the allocation of bargaining power between principal and agents … completion, efficiency requires concentrating bargaining power in the principal. Strengthening the bargaining position of the … or discriminatory offers. When this collective action problem is severe enough, agents are better off when bargaining …
Persistent link: https://www.econbiz.de/10014537034
We present a legislative bargaining model of the provision of a durable public good over an infinite horizion. In each …
Persistent link: https://www.econbiz.de/10010307744
models of bargaining, to cooperative game-theoretic notions of the core, or notions of coalition-proofness in noncooperative …
Persistent link: https://www.econbiz.de/10010420285
wer index research has been a very active field in the last decades. Will this continue or are all the important questions solved? We argue that there are still many opportunities to conduct useful research with and on power indices. Positive and normative questions keep calling for theoretical...
Persistent link: https://www.econbiz.de/10010377210
This paper develops a dynamic model of legislative policy making with evolving, privately observed policy preferences. Our goal is to find conditions under which decision rules, which assign feasible policies based on the legislators' preferences, are sustainable in the long run. We show that...
Persistent link: https://www.econbiz.de/10012029786
We study dynamic committee bargaining over an infinite horizon with discounting. In each period a committee proposal is …
Persistent link: https://www.econbiz.de/10010266322
Committee voting has mostly been investigated from the perspective of the standard Baron-Ferejohn model of bargaining … over the division of a pie, in which bargaining ends as soon as the committee reaches an agreement. In standing committees …
Persistent link: https://www.econbiz.de/10010392431
We study a legislative bargaining game in which failure to agree in a given round may result in a breakdown of …
Persistent link: https://www.econbiz.de/10011444314