An important question in political economics concerns delays in the adoption of socially beneficial reforms. The present paper explores this issue in the context of a representative democracy where the government is a coalition and citizens observe neither the decision-making process, nor the...

We study a game theoretic model of a parliamentary democracy under proportional representation where `citizen candidates' form parties, voting occurs and governments are formed. We study the coalition governments that emerge as functions of the parties' seat shares, the size of the rents from...

We study a game theoretic model of a parliamentary democracy under proportional representation where 'citizen candidates' form parties, voting occurs and governments are formed. We study the coalition governments that emerge as functions of the parties' seat shares, the size of the rents from...