In political economy, the seminal contribution of the Baron-Ferejohn bargaining model constitutes an important milestone for the study of legislative policy-making. In this paper, we analyze a particular equilibrium characteristic of this model, equilibrium uniqueness. The Baron-Ferejohn model...

Antisocial punishment—punishment of pro-social cooperators—has shown to be detrimental for the efficiency of informal punishment mechanisms in public goods games. The motives behind antisocial punishment acts are not yet well understood. This article shows that inequality aversion predicts...