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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/10011674462
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/10009535532
Persistent link: https://www.econbiz.de/10010386045
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/10009578203
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/10011434323
One feature of legislative bargaining in naturally occurring settings is that the distribution of seats or voting … weights often does not accurately reflect bargaining power. Game-theoretic predictions about payoffs and coalition formation …
Persistent link: https://www.econbiz.de/10012822445
approaches to coalition formation, one based on cooperative game theory, the other based on noncooperative bargaining. Three …
Persistent link: https://www.econbiz.de/10014025454
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/10011897250
bargaining theory are also studied …
Persistent link: https://www.econbiz.de/10014194820
A new feature pertaining to proposer's ability to implement offers is introduced in the extensive form bargaining … Bargaining Solution. For strictly supermodular games, Core is a binding constraint on Nash Bargaining Solution while for the …
Persistent link: https://www.econbiz.de/10012963352