Demand bargaining and proportional payoffs in legislatures

• Autores: María Montero López-Lena, Juan José Vidal Puga
• Localización: Working paper series ( RGEA ), Nº. 6, 2007
• Idioma: inglés
• Enlaces
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• Resumen

  • We study a legislative bargaining model in which the parties make payoff demands in decreasing order of voting weight. The unique subgame perfect equilibrium outcome is such that the minimal winning coalition of the parties that move first forms with payoffs proportional to the voting weights.