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We consider dynamic processes of coalition formation in which a principal bargains sequentially with a group of agents. This problem is at the core of a variety of applications in economics, including lobbying, exclusive deals, and acquisition of complementary patents. In this context, we study...
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We estimate a model of voting in Congress that allows for dispersed information about the quality of proposals in an equilibrium context. In equilibrium, the Senate only approves House bills that receive the support of a supermajority of members of the House. We estimate this endogenous...
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This paper examines the institutional determinants of discipline in legislative parties building on the premise that leaders need to maintain support within the organization to continue leading. Payments distributed by the incumbent on the spot increase the value of promises of future benefits...
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