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When voting takes place in democratic institutions, we find (either explicitly or implicitly) that there is an agenda setter or a formateur. Such players are uniquely able to make substantive proposals for given topics. Their statuses remain intact even after rejection of proposals, but they...
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This paper extends the theory of endogenous coalition formation, with complete information and transferable utility, to …
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modifications: first, payoff division can only be agreed upon after the coalition has formed (two-stage bargaining); second …, negotiations in the coalition can break down, in which case a new coalition may be formed (reversible coalitions). Under the most … propoper advantage and a linear relationship between weights and ex post payoffs for all coalition members other than the …
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