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Does market exposure shape civic values and rules that constrain opportunistic behavior and foster generalized …, impersonal and ephemeral exchange with strangers creates a demand for civic values and rules, which together with community … and rules. …
Persistent link: https://www.econbiz.de/10014286851
It is well known that proposers have an advantage in the canonical model of bargaining in legislatures: proposers are sure of being part of the coalition that forms, and, conditional on being in a coalition, a player receives more as a proposer than as a coalition partner. In this paper I show...
Persistent link: https://www.econbiz.de/10008738473
the agenda setter's power by reducing his discretion to reward and punish legislators, and rules (such as sequential …
Persistent link: https://www.econbiz.de/10010198483
perfect equilibria under all q-majority rules. Under unanimity rule, equilibrium payoffs are strictly increasing in … disagreement values. Under all less-than-unanimity rules, expected payoffs are either decreasing or first increasing and then …
Persistent link: https://www.econbiz.de/10011434323
We examine the relationship between voting weights and expected equilibrium payoffs in legislative bargaining and provide a necessary and sufficient condition for payoffs to be proportional to weights. This condition has a natural interpretation in terms of the supply and demand for coalition...
Persistent link: https://www.econbiz.de/10011448759