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t is commonly believed that, contrary to majority rule, unanimity rule safeguards the rights of each individual, and hence protects minorities from the possibility of expropriation. We show that this is not necessarily the case in bargaining environments. We study a multilateral bargaining model...
Persistent link: https://www.econbiz.de/10010554398
In this article we present an overview of our recent research on the effects of constitutions on coalition governments in parliamentary democracies. Our approach is based on the solution and estimation of a multilateral bargaining model which we use to investigate the consequences of...
Persistent link: https://www.econbiz.de/10005126700
In this paper we estimate a bargaining model of government formation in parliamentary democracies. We use the estimated structural model to conduct constitutional experiments aimed at evaluating the impact of institutional features of the political environment on the duration of the government...
Persistent link: https://www.econbiz.de/10005231363
Persistent link: https://www.econbiz.de/10005322617
Persistent link: https://www.econbiz.de/10005058453
In this paper we present a structural approach to the study of government formation in multi-party parliamentary democracies. The approach is based on the estimation of a stochastic bargaining model which we use to investigate the effects of specific institutional features of parliamentary...
Persistent link: https://www.econbiz.de/10005109589
In this paper we consider multilateral stochastic bargaining models with general agreement rules. For n-player games where in each period a player is randomly selected to allocate a stochastic level of surplus and q (less than or equal to n) players have to agree on a proposal to induce its...
Persistent link: https://www.econbiz.de/10012742462
In this paper we present a structural approach to the study of government formation in multi-party parliamentary democracies. The approach is based on the estimation of a stochastic bargaining model which we use to investigate the effects of specific institutional features of parliamentary...
Persistent link: https://www.econbiz.de/10012730929
In this article we present an overview of our recent research on the effects of constitutions on coalition governments in parliamentary democracies. Our approach is based on the solution and estimation of a multilateral bargaining model which we use to investigate the consequences of...
Persistent link: https://www.econbiz.de/10014073960
It is commonly believed that, since unanimity rule safeguards the rights of each individual, it protects minorities from the possibility of expropriation, thus yielding more equitable outcomes than majority rule. We show that this is not necessarily the case in bargaining environments. We study...
Persistent link: https://www.econbiz.de/10014149065