Similar Search Results

Herings, P. Jean-Jacques; Houba, Harold - Tinbergen Institute - 2010

We analyze the simplest Condorcet cycle with three players and three alternatives within a strategic bargaining model …

Persistent link: https://www.econbiz.de/10008838569

Is Transparency to no avail? Committee Decision-making, Pre-meetings, and Credible Deals

Swank, Otto H.; Visser, Bauke - Tinbergen Institute - 2007

Transparent decision-making processes are widely regarded as a prerequisite for the working of a representative democracy. It facilitates accountability, and citizens may suspect that decisions, if taken behind closed doors, do not promote their interests. Why else the secrecy? We provide a...

Persistent link: https://www.econbiz.de/10005144398

Transparency and Pre-meetings

Swank, Job; Swank, Otto; Visser, Bauke - Tinbergen Institute - 2006

Some committees are made up of experts, persons interested in both the (subject) matter at hand and in coming across as able decision-makers. Such committees would like to conceal disagreement from the public. We present a theory that describes the reaction of experts to the requirement to...

Persistent link: https://www.econbiz.de/10005144492

Identification of Voters with Interest Groups improves the Electoral Chances of the Challenger

Sadiraj, Vjollca; Tuinstra, Jan; Winden, Frans van - Tinbergen Institute - 2009

Interest groups are introduced in a spatial model of electoral competition between two political parties. We show that, by coordinating voting behavior,these interest groups increase the winning set, which is defined as the set of policy platforms for the challenger that will defeat the...

Persistent link: https://www.econbiz.de/10008513247

On the Size of the Winning Set in the Presence of Interest Groups

Sadiraj, Vjollca; Tuinstra, Jan; Winden, Frans van - Tinbergen Institute - 2005

Interest groups are introduced in a spatial model of electoral competition between two political parties. We show that the presence of these interest groups increases the winning set, which is the set of policy platforms for the challenger that will defeat the incumbent. Therefore interest...

Persistent link: https://www.econbiz.de/10005136910

On Committees of Experts

Visser, Bauke; Swank, Otto H. - Tinbergen Institute - 2005

A committee makes a decision on a project on behalf of "the public." Members of the committee agree on the a priori value of the project, and hold additional private information about its consequences. They are experts who care about the value of the project and about being considered well...

Persistent link: https://www.econbiz.de/10005504918

Alternating Offers in Economic Environments

Houba, Harold - Tinbergen Institute

The Nash bargaining solution of a modified bargaining problem in the contract space yields the pair of stationary … vanishes, convergence to the Nash bargaining solution is immediate by the Maximum Theorem. Numerical implementation in standard …

Persistent link: https://www.econbiz.de/10005209433

Stochastic Orders of Proposing Players in Bargaining

Houba, Harold - Tinbergen Institute

The bargaining model with stochastic order of proposing players is properly embedded in continuous time and it is … the Nash bargaining solution of a modified bargaining problem and the Maximum Theorem implies convergence to the Nash … bargaining solution when time between proposals vanishes. The model unifies alternating offers, one-sided offers and random …

Persistent link: https://www.econbiz.de/10005209487

Perfect Equilibria in a Negotiation Model with Different Time Preferences

Houba, Harold; Wen, Quan - Tinbergen Institute - 2006

bargaining frontier. However, when players have different time preferences, intertemporal trade may lead to continuation payoffs … above the bargaining frontier. We provide a thorough study of this problem without imposing the conventional assumption. Our …

Persistent link: https://www.econbiz.de/10005144464

On the Strategic Use of Focal Points in Bargaining Situations

Janssen, Maarten C.W. - Tinbergen Institute - 2006

This paper argues that the notion of focal points is important in understanding bargaining processes. Recent literature … confines a discussion of the usefulness of the notion to coordination problems and when bargaining experiments result in … equal split division and it re-interprets recent experimental evidence in bargaining games. Experimental economists should …

Persistent link: https://www.econbiz.de/10005137014