Bowen, T. Renee; Zahran, Zaki - In: Games and Economic Behavior 76 (2012) 2, pp. 391-419
Most legislatures require the consent of only a simple majority to pass a proposal, so why donʼt legislative outcomes favor only a bare majority? We show that compromise can be achieved if legislators are neither too impatient nor too patient, and initial allocations are “not too unequal”....