Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10002959719
We investigate the Baron-Ferejohn (1989a) bargaining model of legislative behavior comparing open versus closed amendment rules. The data are qualitatively consistent with the theory as there are longer delays in distributing benefits and a more egalitarian distribution of benefits under the...
Persistent link: https://www.econbiz.de/10014120545
We report the results of an experimental investigation of the Baron and Ferejohn (1989) model of legislative bargaining with cheap talk. Communication results in substantially increased proposer power, close to the stationary subgame perfect equilibrium prediction. This is achieved primarily...
Persistent link: https://www.econbiz.de/10014141360
Outcomes under the Baron-Ferejohn (1989) model are investigated when proposers distribute benefits versus imposing costs under an experimental design where predicted outcomes are theoretically isomorphic, absent reference dependent preferences. Initial experimental sessions showed greater...
Persistent link: https://www.econbiz.de/10012925361
Persistent link: https://www.econbiz.de/10011383990
We study legislative bargaining with two person teams versus individuals. Teams pass minimum winning coalitions significantly more often than individuals, meeting or beating the demanding truth wins criteria. Teams have more proposer power, coming significantly closer to the very unequal payoffs...
Persistent link: https://www.econbiz.de/10013033967