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Among the wide variety of voting power indices, the public good index (PGI) is one of the less well-known ones. Holler … power in general and about the popularity of the PGI …
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independent of the balance of power. If bargaining involves endogenous demand choices, however, the likelihood of conflict is … higher if power is more imbalanced. Even though endogenous bargaining outcomes reflect the players' unequal fighting … strengths, strategic uncertainty causes outcomes to be most efficient when power is balanced. In turn, the importance of …
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