Showing 1 - 5 of 5
We experimentally investigate the Jackson and Moselle (2002) model where legislators bargain over policy proposals and the allocation of private goods. Key comparative static predictions of the model hold with the introduction of private goods, including "strange bedfellow" coalitions. Private...
Persistent link: https://www.econbiz.de/10010735252
Persistent link: https://www.econbiz.de/10010350868
Outcomes under the Baron-Ferejohn (1989) model are investigated when proposers distribute benefits versus imposing costs under an experimental design where predicted outcomes are theoretically isomorphic, absent reference dependent preferences. Initial experimental sessions showed greater...
Persistent link: https://www.econbiz.de/10012925361
Recent interest in reducing budget deficits raises questions regarding the impact on legislative bargaining of cuts versus increases in government spending. Using an experimental design where the outcomes are theoretically isomorphic results in significant differences in bargaining outcomes:...
Persistent link: https://www.econbiz.de/10013034107
Persistent link: https://www.econbiz.de/10012316148