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recognition probabilities, in a model of strategic bargaining with Condorcet cycles. Overall, we find only limited support for the … equilibrium predictions. The main deviations from theory are: a) Subjects under-exploit their bargaining power by being more … asymmetries have on bargaining power, especially when the asymmetries relate to recognition probabilities. …
Persistent link: https://www.econbiz.de/10010532580
One feature of legislative bargaining in naturally occurring settings is that the distribution of seats or voting … weights often does not accurately reflect bargaining power. Game-theoretic predictions about payoffs and coalition formation …
Persistent link: https://www.econbiz.de/10012822445
by voting over proposals. Bargaining ends when proposers are unable or unwilling to amend the existing default, which is …We present a model of bargaining in which a committee searches over the policy space, successively amending the default …
Persistent link: https://www.econbiz.de/10011674462
Committee voting has mostly been investigated from the perspective of the standard Baron-Ferejohn model of bargaining … over the division of a pie, in which bargaining ends as soon as the committee reaches an agreement. In standing committees …
Persistent link: https://www.econbiz.de/10009578203
by voting over proposals. Bargaining ends when proposers are unable or unwilling to amend the existing default, which is …We present a model of bargaining in which a committee searches over the policy space, successively amending the default …
Persistent link: https://www.econbiz.de/10009535532
We report results from a laboratory experiment on strategic bargaining with indivisibilities studying the role of … have on bargaining power and identify how subjects' observed behavior systematically deviates from theoretical predictions …' heuristic which equates bargaining power with recognition probabilities to explain these findings …
Persistent link: https://www.econbiz.de/10012937237
We collected and analyzed the data sets of all majoritarian Baron and Ferejohn (1989 Am. Pol. Sci. Rev.) experiments … proposer's share, agreement delay, and voting behavior. We also report on off-equilibrium behavior (after subjects fail to …
Persistent link: https://www.econbiz.de/10012840441
We conduct multi-person one-shot ultimatum games that reflect important aspects of collective bargaining. In all … voting). We find that (i) representation of a group in the committee is crucial for receiving a significant share, (ii …
Persistent link: https://www.econbiz.de/10011387570
We report an experiment designed to study bargaining behavior between one buyer and multiple sellers with … alternating-offer bargaining model in which a buyer procures complementary items from two heterogeneous sellers with endogenous … choice of the order of bargaining. In addition, we implemented an information transparency manipulation regarding whether the …
Persistent link: https://www.econbiz.de/10015073214
This paper analyses the role of ratification quotas in multilateral agreements over emission reduction. The higher is the quota, the lower is the level of emissions in case the agreement comes into force, but the higher is also the risk of failure. In a setting with incomplete information, two...
Persistent link: https://www.econbiz.de/10010439371