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We consider a model of decentralized bargaining among three parties. Parties meet one-on-one after being randomly …
Persistent link: https://www.econbiz.de/10014159665
We prove existence of stationary Markov perfect equilibria in an infinite-horizon model of legislative policy making in which the policy outcome in one period determines the status quo for the next. We allow for a multidimensional policy space and arbitrary smooth stage utilities, and we assume...
Persistent link: https://www.econbiz.de/10010594322
This paper models a legislature in which the same agenda setter serves for two periods, showing how he can exploit a … legislature (completely) in the first period by promising future benefits to legislators who support him. In equilibrium, a large …
Persistent link: https://www.econbiz.de/10010198483
Whom should an interest group lobby in a legislature? I develop a model of informational lobbying in which a … legislature must decide on the allocation of a local publicly-provided good across districts. An interest group chooses …
Persistent link: https://www.econbiz.de/10012823922
Do institutions constrain presidential power in Africa? Conventional wisdom holds that personalist rule grants African presidents unchecked powers. Consequently, very little research exists on African institutions and their impact on executive authority. In this paper, I use original data on the...
Persistent link: https://www.econbiz.de/10012853442
then propose a legislative bargaining model to elucidate this puzzle. In the model the policies of a confidence …
Persistent link: https://www.econbiz.de/10012712772
How does opinion polarization over matters of moral conviction affect the legislative outcome of parliamentary institutions? Analysis reveals that in the relatively common case, in which a party's voting power is positively correlated with the public support of the convictions it represents, if...
Persistent link: https://www.econbiz.de/10013251897
There has been a phenomenal global increase in the proportion of women in politics in the last 20 years. While there is evidence that raising the share of women politicians has substantive impacts on the composition of government spending, there is scarcely any evidence of how it influences...
Persistent link: https://www.econbiz.de/10011844125
There has been a phenomenal global increase in the proportion of women in politics in the last two decades, but there is no evidence of how this influences economic performance. We investigate this using data on competitive elections to India's state assemblies, leveraging close elections to...
Persistent link: https://www.econbiz.de/10011872787
The finite horizon version of a popular legislative bargaining model due to Baron and Ferejohn is investigated. With … three or more rounds of bargaining a continuum of distributions are supportable as subgame perfect equilibria in Markov …
Persistent link: https://www.econbiz.de/10014142536