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Theoretical models of government formation in political science usually assume that the head of state in non-strategic. In this paper, we analyze the power of an agenda setter who chooses the order in which players are recognized to form coalitions in simple games.
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In this note we discuss two examples of approval voting games.
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The lobbying process is modelled as an auction with externalities in which lobbies bid to get implemented thei most-prefered policy. Further more, the government may influence the lobbying process itself by biasing the auction among organized interests. We identify the following trade-off :...
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This paper is a study of money in overlapping generations models with cash-in-advance constraints. We first offer a brief review of different features of cash-in-advance constraint. Then we propose a general formulation and study the neutrality of money. We show that both neutrality and...
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Persistent link: https://www.econbiz.de/10005478954