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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...
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We present a dynamic model of legislative bargaining in which policy making proceeds until the proposer has no more incentive to make a new proposal to replace the previously approved policy. We characterize stationary Markov perfect equilibria for the game and show that in all pure-strategy...
Persistent link: https://www.econbiz.de/10005252408
This paper compares the incentives to create obstructive committee systems under different constitutionally specified requirements for passing legislation. The Shapley value is used to measure the distribution of bargaining power in the legislature. If the legislature is bicameral or the...
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Activist NGOs have increasingly foregone public politics and turned to private politics to change the practices of firms and industries. This paper focuses on private politics, activist strategies, and nonmarket strategies of targets. A formal theory of an encounter between an activist...
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