Garratt, Rod; Qin, Cheng-Zhong; Parco, James E.; … - Fondazione ENI Enrico Mattei (FEEM) - 2004
A model of coalition government formation is presented in which inefficient, non-minimal winning coalitions may form in Nash equilibrium. Predictions for five games are presented and tested experimentally. The experimental data support potential maximization as a refinement of Nash equilibrium....