A Theory of Political Compromise.

We study a political compromise founded on tacit cooperation. Two political parties must share a fixed pie in each of an infinite sequence of periode. In each pary the power has ultimate authority to devide the pie.

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Year of publication:	1998
Authors:	Dixit, A. ; Grossmann, G.M. ; Gul, F.
Institutions:	Woodrow Wilson School of Public and International Affairs, Princeton University
Subject:	POLICY MAKING \| RISK \| GAME THEORY

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Series:	Princeton, Woodrow Wilson School - Public and International Affairs.
Type of publication:	Book / Working Paper
Notes:	42 pages
Classification:	D78 - Positive Analysis of Policy-Making and Implementation ; C73 - Stochastic and Dynamic Games
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005663971