Angesichts der aktuellen wirtschaftlichen und sozialen Probleme hat die Soziale Marktwirtschaft viel von ihrem einstigen Glanz verloren. Ausgangsthese der Arbeit ist, daß diese Fehlentwicklungen ihre Ursache in einem institutionellen Misfit zwischen ökonomischem und politischem Bereich haben....

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...

By design, bicameral legislatures often produce tensions between lower chambers, with their direct, localized ties that often link members and constituents, and upper chambers, whose representative capacity is affected by varying sizes of constituencies and electoral mechanisms. With powerful...

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...