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Persistent link: https://www.econbiz.de/10012040474
We present a laboratory experiment to study the effect of communication on durable coalitions – coalitions that support the same allocation from one period to the next. We study a bargaining setting where the status quo policy is determined by the policy implemented in the previous period. Our...
Persistent link: https://www.econbiz.de/10012979361
We present a theory of dynamic coalitions for a legislative bargaining game in which policies can be changed in every period but continue in effect in the absence of new legislation. We characterize Markov perfect equilibria with dynamic coalitions, which are decisive sets of legislators whose...
Persistent link: https://www.econbiz.de/10013007718
Persistent link: https://www.econbiz.de/10009742278
Persistent link: https://www.econbiz.de/10011585388
Persistent link: https://www.econbiz.de/10011824086
We present a laboratory experiment to study the effect of communication on durable coalitions - coalitions that support the same allocation from one period to the next. We study a bargaining setting where the status quo policy is determined by the policy implemented in the previous period. Our...
Persistent link: https://www.econbiz.de/10012455859