A General Bargaining Model of Legislative Policy-making
نویسندگان
چکیده
منابع مشابه
A General Bargaining Model of Legislative Policy-making
We present a general model of legislative bargaining in which the status quo is an arbitrary point in a multidimensional policy space. In contrast to other bargaining models, the status quo is not assumed to be bad for all legislators, and delay may be Pareto efficient. We prove existence of stationary equilibria. We show that if all legislators are risk averse or if even limited transfers are ...
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ژورنال
عنوان ژورنال: Quarterly Journal of Political Science
سال: 2006
ISSN: 1554-0634
DOI: 10.1561/100.00000001